Mer Telemanagement Solutions (MTSL) Reports Q3 Loss of $0.02/Share

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MTS Announces Third Quarter 2015 Financial Results

November 5, 2015 8:01 AM EST

RA'ANANA, Israel and RIVER EDGE, N.J., Nov. 5, 2015 /PRNewswire/ -- Mer Telemanagement Solutions Ltd. (MTS) (Nasdaq Capital Market: MTSL), a provider of online video advertising and telecommunications expense management/billing solutions and services, today announced its financial results for the third quarter and first nine months of 2015.

Vexigo Acquisition: MTS's third quarter results consolidate the results of Vexigo, which was acquired on April 1, 2015. The Company's nine-month results consolidate Vexigo's second and third quarter results. According to the rules of business combination accounting, the total purchase... More