InterCloud Systems (ICLD) Narrows Q4 Net Loss
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March 20, 2015 8:45 AM EDT
4th Quarter Revenue Increased 101% to $23.8 Million
4th Quarter Gross Profit Increased 89% to $5.1 Million
SHREWSBURY, N.J., March 20, 2015 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. (the "Company" or "InterCloud") (Nasdaq: ICLD), a single-source provider of end-to-end information technology (IT) and next-generation network solutions to the telecommunications service provider (carrier) and corporate enterprise markets through cloud platforms and professional services, today reported financial results for the fourth quarter and full year 2014.
Full Year Financial Highlights:
Revenue increased 48% year-over-year to $76.2 million
Gross profit increased 42% year-over-year to $20.1 million
Stockholders'...
More
March 20, 2015 8:45 AM EDT
4th Quarter Revenue Increased 101% to $23.8 Million
4th Quarter Gross Profit Increased 89% to $5.1 Million
SHREWSBURY, N.J., March 20, 2015 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. (the "Company" or "InterCloud") (Nasdaq: ICLD), a single-source provider of end-to-end information technology (IT) and next-generation network solutions to the telecommunications service provider (carrier) and corporate enterprise markets through cloud platforms and professional services, today reported financial results for the fourth quarter and full year 2014.
Full Year Financial Highlights:
Revenue increased 48% year-over-year to $76.2 million
Gross profit increased 42% year-over-year to $20.1 million
Stockholders'...
More
