Sysorex (SYRX) Misses Q4 EPS by 10c

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Sysorex Reports Fourth Quarter and 2014 Financial Results

March 5, 2015 4:19 PM EST

Conference Call to be Held Today at 4:30 pm Eastern Time

PALO ALTO, Calif.--(BUSINESS WIRE)-- Sysorex (NASDAQ: SYRX), a global leader in big data analytics and location-based mobile solutions, today reported financial results for the fourth quarter and year ended December 31, 2014.

2014 Fourth Quarter Financial Highlights:

2014 revenue of $15 million 2014 gross margin of 29% 2014 GAAP net loss of $0.09 per share Proforma Non-GAAP net loss1 of $0.05 per share 2014 Non-GAAP Adjusted EBITDA1 loss of $0.9 million

2014 Fiscal Year End Financial Highlights:... More