InterCloud Systems (ICLD) Reports Q2 Loss of $0.43/Share
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InterCloud Systems Reports Second Quarter Results
August 10, 2016 8:01 AM EDT2nd Quarter Revenue Grew 16% to $22.6 Million2nd Quarter Gross Profit Increased 19% to $5.2 Million
SHREWSBURY, N.J., Aug. 10, 2016 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. (the "Company" or "InterCloud") (Nasdaq: ICLD), a leading provider of cloud networking orchestration and automation solutions and services, today reported financial results for the second quarter 2016.
2nd Quarter and 6 Months Financial Highlights:
Revenue increased 16% year-over-year to $22.6 millionGross Profit increased 19% year-over-year to $5.2 millionGross Profit Margin at 23% for the 2nd quarter of 2016 compared to... More