NetworkNewsBreaks - Siyata Mobile Inc. (TSX.V: SIM
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Posted On: 06/12/2020 4:46:28 PM
NetworkNewsBreaks - Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Releases 2019 YE Results
Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) on Thursday announced that its 2019 year-end audited financial statements have been filed on SEDAR. “We recognize that the transition from our 3G portfolio to our diverse product selection of 4G/LTE devices impacted our top line revenue, however, our gross margins and EBITDA improved as a result of the 4G sales and higher percentage mix of sales in North America as expected,” Siyata Mobile CEO Marc Seelenfreund stated in the news release. “With device approvals behind us, we are now actively working with North American carriers, offering our UV350 to their enterprise and first responder customers. We are very pleased with the progress that we are making with the carriers and distributors to penetrate our target markets, with growing sales and numerous large scale opportunities in the works.”
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) on Thursday announced that its 2019 year-end audited financial statements have been filed on SEDAR. “We recognize that the transition from our 3G portfolio to our diverse product selection of 4G/LTE devices impacted our top line revenue, however, our gross margins and EBITDA improved as a result of the 4G sales and higher percentage mix of sales in North America as expected,” Siyata Mobile CEO Marc Seelenfreund stated in the news release. “With device approvals behind us, we are now actively working with North American carriers, offering our UV350 to their enterprise and first responder customers. We are very pleased with the progress that we are making with the carriers and distributors to penetrate our target markets, with growing sales and numerous large scale opportunities in the works.”
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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