Mer Telemanagement Solutions (MTSL) Swings to Q4 Loss
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MTS Announces Full Year and Fourth Quarter 2014 Financial Results
March 20, 2015 8:00 AM EDTRA'ANANA, Israel, March 20, 2015 /PRNewswire/ --Â MTSÂ -- Mer Telemanagement Solutions Ltd. (NASDAQ Capital Market: MTSL), a global provider of Telecommunications Expense Management (TEM) and Enterprise Mobility Management (EMM) solutions and Mobile Virtual Network Enabler (MVNE) services, today announced its financial results for the fourth quarter and the year ended December 31, 2014.
Revenues for the year ended December 31, 2014 were $7.1 million, compared with revenues of $12.5 million in 2013. Revenues for the fourth quarter of 2014 were $1.7 million, compared with revenues of $3.1 million in the fourth quarter of 2013.
The Company's operating loss was $1.5 million for... More
