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pdvWireless Reports Third Quarter Results

February 16, 2016 4:10 PM EST

WOODLAND PARK, NJ -- (Marketwired) -- 02/16/16 -- pdvWireless, Inc. (NASDAQ: PDVW) (the "Company"), a private wireless communications carrier and provider of mobile workforce management solutions, reported today its third fiscal quarter results for the period ended December 31, 2015.

Revenue for the quarter ended December 31, 2015 was $940,000 compared with $836,000 for the quarter ended December 31, 2014. For the third quarter, the Company reported a net loss of ($5.24 million), or ($0.36) per share, compared with a net loss of ($3.53 million), or ($0.28) per share, the previous year.

Revenue for the nine months ended December 31, 2015 was $2.59 million compared with $2.36 million... More