Elephant Talk (ETAK) Misses Q1 EPS by 2c

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Go back to Elephant Talk (ETAK) Misses Q1 EPS by 2c

Elephant Talk Reports Financial Results for the First Quarter Ended March 31, 2016

May 17, 2016 9:05 AM EDT

NEW YORK, May 17, 2016 /PRNewswire/ -- Elephant Talk Communications Corp. (NYSE MKT: ETAK) ("ET" or the "Company"), a provider of 'on-prem' and 'cloud-based' mobile network operator ("MNO") solutions, today announced its financial results for the first quarter ended March 31, 2016.

Hal Turner, Executive Chairman of the Board of ET, stated, "During the first quarter of 2016 we continued to focus on restructuring our operations to achieve profitability while providing great service and support for our customers. The expected results of this restructuring will be:... More