RiT Technologies (RITT) Reports Q4 Loss of $0.20

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Go back to RiT Technologies (RITT) Reports Q4 Loss of $0.20

RiT Technologies Reports Financial Results for the Fourth Quarter and Full Year ended December 31, 2014

March 31, 2015 8:45 AM EDT

TEL AVIV, Israel, March 31, 2015 (GLOBE NEWSWIRE) -- RiT Technologies Ltd. (Nasdaq: RITT), a leading provider of Intelligent Network & Infrastructure Management solutions and Structured Cabling Solutions for enterprises, and the developer of an innovative indoor optical wireless solution (BeamCaster), today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2014.

Financial Results for the Fourth Quarter and Full Year 2014

Q4 2014

Revenues for the fourth quarter of 2014 were $0.92 million, compared with $2.98 million for the fourth quarter of 2013.   Net loss for the fourth quarter of 2014 (including... More