$DIRV DirectView's record results reflect a number
Post# of 40256
(Total Views: 137)
Posted On: 11/20/2018 8:10:51 AM
$DIRV DirectView's record results reflect a number of large new and existing customer projects where DirectView and its subsidiaries were awarded contracts.
2018 Nine Months Results
22% sales growth to a record $3.3 million
20% growth in product sales to a record $2.7 million
32% growth in services sales to a record $0.6 million
7% gross profit growth to a record $1.3 million
30% growth in product gross profit to a record $1.4 million
400 basis point gross profit margin increase to 52.3%
108% increase in SG&A
Sales and gross profit trends continued to expand during the first nine months of 2018 and reflect continued strong product and services demand. SG&A continues to reflect on-going investments in technology and additional customer-facing headcount.
https://finance.yahoo.com/news/directview-rep...00059.html
2018 Nine Months Results
22% sales growth to a record $3.3 million
20% growth in product sales to a record $2.7 million
32% growth in services sales to a record $0.6 million
7% gross profit growth to a record $1.3 million
30% growth in product gross profit to a record $1.4 million
400 basis point gross profit margin increase to 52.3%
108% increase in SG&A
Sales and gross profit trends continued to expand during the first nine months of 2018 and reflect continued strong product and services demand. SG&A continues to reflect on-going investments in technology and additional customer-facing headcount.
https://finance.yahoo.com/news/directview-rep...00059.html
(0)
(0)
Consider all my posts my opinion and not advice to buy or sell anything. I post on stocks I own or am considering owning. Do your own DD!
Scroll down for more posts ▼