NetworkNewsBreaks – Spectrum Global Solutions, I
Post# of 848
(Total Views: 455)
Posted On: 01/04/2019 5:45:31 PM
NetworkNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Revenues Tracking Over $33M Annually Attributed to Acquisition, Operations
Spectrum Global Solutions (OTC: SGSI), a leading telecommunications engineering and infrastructure services provider, utilizes its growth strategy which includes acquisitions and organic growth through operations. A recent article discussing the company reads, “Spectrum Global Solutions, Inc. (OTC: SGSI), a leading single-source provider of end-to-end, next-generation wireless and wireline network infrastructure and professional service solutions to the service provider (carrier) and corporate enterprise markets, has grown revenues from zero in early 2017 to currently tracking more than $33 million annually, CEO Roger Ponder informed shareholders and investors in a recent 2018 update (http://nnw.fm/4o3YU). … The SGSI revenue growth has come through acquisition and operations. The company posted revenues of approximately $4.3 million in the first quarter of 2018, with an increase to nearly $11 million in Q2. In the third quarter of 2018, SGSI reported almost $10 million in revenue as it focused on gross margins and net income. Some lower margin contracts that the company inherited from its acquisitions were allowed to expire in favor of higher margin projects, Ponder noted.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Spectrum Global Solutions (OTC: SGSI), a leading telecommunications engineering and infrastructure services provider, utilizes its growth strategy which includes acquisitions and organic growth through operations. A recent article discussing the company reads, “Spectrum Global Solutions, Inc. (OTC: SGSI), a leading single-source provider of end-to-end, next-generation wireless and wireline network infrastructure and professional service solutions to the service provider (carrier) and corporate enterprise markets, has grown revenues from zero in early 2017 to currently tracking more than $33 million annually, CEO Roger Ponder informed shareholders and investors in a recent 2018 update (http://nnw.fm/4o3YU). … The SGSI revenue growth has come through acquisition and operations. The company posted revenues of approximately $4.3 million in the first quarter of 2018, with an increase to nearly $11 million in Q2. In the third quarter of 2018, SGSI reported almost $10 million in revenue as it focused on gross margins and net income. Some lower margin contracts that the company inherited from its acquisitions were allowed to expire in favor of higher margin projects, Ponder noted.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
(0)
(0)High Wire Networks Inc. (HWNI) Stock Research Links
Scroll down for more posts ▼