RiT Technologies (RITT) Reports Q3 EPS of $0.00

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RiT Technologies Reports Third Quarter and Nine Months 2015 Results

November 24, 2015 9:00 AM EST

-Q3 2015 Revenue Increased 115% Year-Over-Year to $4.3 Million

-Q3 2015 Gross Margin Increased to 46% Compared to 42% in Q3 2014

TEL AVIV, Israel, Nov. 24, 2015 (GLOBE NEWSWIRE) -- RiT Technologies (NASDAQ: RITT), a leading provider of Converged Infrastructure Management Solutions that enable companies to maximize utilization and security of their network infrastructure announced today its results for the third quarter and nine months ended September 30, 2015.

Financial Highlights for the Third Quarter and Nine Months Ended September 30, 2015

Revenue for Q3 2015 increased 115% to $4.3 million, compared to... More