SITO Mobile (SITO) Tops Q1 EPS by 5c

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SITO Mobile Reports First Quarter 2016 Financial Results

February 9, 2016 4:05 PM EST

JERSEY CITY, N.J., Feb. 09, 2016 (GLOBE NEWSWIRE) -- SITO Mobile Ltd. (NASDAQ: SITO), a leading mobile engagement platform, today announced results for its fiscal first quarter ended December 31, 2015.

First Quarter 2016 Business Highlights

TOTAL REVENUE: Total revenue was $7.2 million, an increase of 87% year-over-year and 60% sequentially.MEDIA PLACEMENT REVENUE: Media Placement revenue (SITO Mobiles programmatic advertising revenue) was $5.3 million, more than triple year-over-year and an increase of 77% sequentially over Q4 2015.WIRELESS APPLICATIONS REVENUE: Wireless Applications Revenue (SITO Mobiles SMS Revenue) was $1.6 million,... More