Net Element (NETE) Reports Q1 Loss of $0.01/Share

Net Element (NASDAQ: NETE) reported Q1 EPS of ($0.01), versus ($0.04) reported last year. Revenue for the quarter came in at $11.26 million, versus $5.54 million reported last year.

"We're pleased with the result of the first quarter, which is typically one of the slowest quarters of the year," commented Oleg Firer, CEO of Net Element. "We remain focused on growth and innovation."

For earnings history and earnings-related data on Net Element (NETE) click here.

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