SITO Mobile (SITO) Misses Q4 EPS by 14c

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SITO Mobile Reports Fourth Quarter and Fiscal 2015 Financial Results With Record Company Revenues

November 24, 2015 4:21 PM EST

JERSEY CITY, N.J., Nov. 24, 2015 (GLOBE NEWSWIRE) -- SITO Mobile Ltd. (NASDAQ: SITO), a leading mobile engagement platform, today announced results for its fiscal fourth quarter and fiscal year ended September 30, 2015.

Highlights:

Q4 2015 total revenue was $4,514,333, a 50% increase over Q4 2014.   Improvement was led by high growth in SITO's Media Placement revenue, which jumped more than 5 times to $3,023,222 in Q4 2015 compared to $556,859 Q4 2014.   Media placement revenue increased by 40% sequentially in Q4 2015 compared to Q3 2015.   SITO's Q4 and Full Year 2015 results demonstrate continued revenue diversification, with media placement revenue... More