Net Element Reports First Quarter 2016 Results

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Net Element (NETE) Reports Q1 Loss of $0.01/Share

May 17, 2016 4:15 PM EDT

Net Element (NASDAQ: NETE) reported Q1 EPS of ($0.01), versus ($0.04) reported last year. Revenue for the quarter came in at $11.26 million, versus $5.54 million reported last year.

"We're pleased with the result of the first quarter, which is typically one of the slowest... More