$DIRV reports record 1H18 revenues of $2.3mn DI
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Posted On: 09/24/2018 6:56:45 AM
$DIRV reports record 1H18 revenues of $2.3mn
DIRV reported record 1H18 results on August 20, 2018, with revenues reaching $2.3mn in the first half of 2018, up 70.3% versus $1.4mn in the year-ago period. DIRV generated growth from sales execution and the impact of the Apex and Video Surveillance LLC acquisitions, which took place in April 2017. We note that revenues of $2.3mn in the first half of the year are already approaching full-year 2017 revenues of $2.9mn. Results also included record gross profit dollars for the company, which were $1.0mn versus $0.7mn in the year-ago period. For the quarter, 2Q18, the company maintained revenues above $1mn, reporting a top line of $1.1mn, a 9.8% drop versus $1.2mn in 2Q17. EPS was $0.11 due to a non-operating gain from a change in the value of derivative securities.
https://finance.yahoo.com/news/seethruequity-...00754.html
DIRV reported record 1H18 results on August 20, 2018, with revenues reaching $2.3mn in the first half of 2018, up 70.3% versus $1.4mn in the year-ago period. DIRV generated growth from sales execution and the impact of the Apex and Video Surveillance LLC acquisitions, which took place in April 2017. We note that revenues of $2.3mn in the first half of the year are already approaching full-year 2017 revenues of $2.9mn. Results also included record gross profit dollars for the company, which were $1.0mn versus $0.7mn in the year-ago period. For the quarter, 2Q18, the company maintained revenues above $1mn, reporting a top line of $1.1mn, a 9.8% drop versus $1.2mn in 2Q17. EPS was $0.11 due to a non-operating gain from a change in the value of derivative securities.
https://finance.yahoo.com/news/seethruequity-...00754.html
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