Elephant Talk (ETAK) Tops Q1 EPS by 2c

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Go back to Elephant Talk (ETAK) Tops Q1 EPS by 2c

Elephant Talk Reports 2015 First Quarter Financial Results

May 12, 2015 9:04 AM EDT

NEW YORK, May 12, 2015 /PRNewswire/ -- Elephant Talk Communications Corp. (NYSE MKT: ETAK) ("Elephant Talk" or the "Company"), a global provider of Software Defined Network Architecture (ET Software DNA® 2.0) platforms and cyber security solutions, today announced total revenue of approximately $5.0 million for the quarter ended March 31, 2015 as compared to a restated $5.4 million recorded in the first quarter of 2014. Non-GAAP revenue* increased to $8.0 million in the March 2015 quarter from $6.5 million in the year-ago quarter. Net Loss for the quarter was approximately $2.1 million versus a restated loss of approximately $5.2 million reported in the first quarter... More