InterCloud Systems (ICLD) Misses Q1 EPS by 1c

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Go back to InterCloud Systems (ICLD) Misses Q1 EPS by 1c

InterCloud Systems Reports First Quarter Results

May 13, 2015 9:02 AM EDT

1st Quarter Revenue Grew 49% to $21.0 Million 1st Quarter Gross Profit Increased 87% to $7.4 Million 1st Quarter Gross Profit Margins Improved to 35% 1st Quarter Adjusted EBITDA of $598,000

SHREWSBURY, N.J., May 13, 2015 (GLOBE NEWSWIRE) --InterCloud Systems, Inc. (the "Company" or "InterCloud") (Nasdaq: ICLD), is a leading provider of cloud networking orchestration and automation solutions and services, today reported financial results for the first quarter of 2015.

1st Quarter Financial Highlights:

Revenue increased 49% year-over-year to $21.0 million Gross Profit increased 87% year-over-year to $7.4 million Gross Profit Margin increased... More