NetworkNewsBreaks – SinglePoint, Inc. (SING) Att
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Posted On: 05/26/2020 4:04:24 PM
NetworkNewsBreaks – SinglePoint, Inc. (SING) Attributes Majority of 300% Revenue Growth to Direct Solar Acquisition, Q4 Projects
SinglePoint (OTCQB: SING) today announced the filing of its quarterly financials for the period ending March 31, 2020. According to the update, the company reported total sales of $1,075,222, representing a 300% increase compared to the same period in 2019. SinglePoint attributes the majority of the revenue to the acquisition of Direct Solar America and the backlog of projects developed throughout Q4. “Direct Solar America and our consumer product 1606 Original Hemp are both gaining traction and revenue growth,” Greg Lambrecht, CEO and chairman of SinglePoint, stated in the news release. “We continue to analyze and to take actions to transform and realign our business opportunities and we remain bullish on the long-term ability for the company to grow revenues, improve the balance sheet and increase shareholder value.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
SinglePoint (OTCQB: SING) today announced the filing of its quarterly financials for the period ending March 31, 2020. According to the update, the company reported total sales of $1,075,222, representing a 300% increase compared to the same period in 2019. SinglePoint attributes the majority of the revenue to the acquisition of Direct Solar America and the backlog of projects developed throughout Q4. “Direct Solar America and our consumer product 1606 Original Hemp are both gaining traction and revenue growth,” Greg Lambrecht, CEO and chairman of SinglePoint, stated in the news release. “We continue to analyze and to take actions to transform and realign our business opportunities and we remain bullish on the long-term ability for the company to grow revenues, improve the balance sheet and increase shareholder value.”
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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