Pacific DataVision (PDVW) Tops Q1 EPS by 9c

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pdvWireless Reports First Quarter Results

August 11, 2015 4:00 PM EDT

WOODLAND PARK, NJ -- (Marketwired) -- 08/11/15 -- Pacific DataVision, Inc., d/b/a pdvWireless (NASDAQ: PDVW) (the "Company"), a leading provider of mobile workforce management solutions, reported today its first fiscal quarter results for the period ended June 30, 2015.

Revenue for the quarter ended June 30, 2015 was $841,000 compared with $831,000 for the quarter ended June 30, 2014. For the first quarter, the Company reported a net loss of ($4.35 million), or ($0.32) per share, compared with a net loss of ($2.59 million), or ($0.92) per share, the previous year.

Because the Company is currently in the process of deploying its advanced... More