NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: S
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Posted On: 11/15/2019 4:07:45 PM
NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Reports 61% Increase to $5M in Q3 2019
Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) today announced the filing of its Q3 2019 financials and hosted a conference call to discuss the results. Among the highlights, the company reported significant growth compared to the same period last year, with a 61% increase in Q3 2019 revenue to $5.0-million and record margins of 31.5% in Q3 2019, driven by UV350 sales. “By perfecting our in-vehicle cellular technology and multiple launches with Tier 1 carriers in North America, we have only just begun entering a very large scale market opportunity with no known direct competitors,” Siyata Mobile CEO and Chairman Marc Seelenfreund said in the news release. “Feedback from existing customers of the UV350 in the field and enterprise sales teams of the carriers has been excellent, with additional trials stemming from these relationships and our opportunity pipeline continues to grow.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) today announced the filing of its Q3 2019 financials and hosted a conference call to discuss the results. Among the highlights, the company reported significant growth compared to the same period last year, with a 61% increase in Q3 2019 revenue to $5.0-million and record margins of 31.5% in Q3 2019, driven by UV350 sales. “By perfecting our in-vehicle cellular technology and multiple launches with Tier 1 carriers in North America, we have only just begun entering a very large scale market opportunity with no known direct competitors,” Siyata Mobile CEO and Chairman Marc Seelenfreund said in the news release. “Feedback from existing customers of the UV350 in the field and enterprise sales teams of the carriers has been excellent, with additional trials stemming from these relationships and our opportunity pipeline continues to grow.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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