MER Telemanagement Solutions (MTSL) Reports Q2 EPS of $0.03

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MTS Announces Second Quarter 2016 Financial Results

August 11, 2016 8:03 AM EDT

RA'ANANA, Israel and RIVER EDGE, New Jersey, Aug. 11, 2016 /PRNewswire/ -- Mer Telemanagement Solutions Ltd. (MTS or the Company) (Nasdaq Capital Market: MTSL), a global provider of software solutions for online video advertising and telecommunications management, today announced its financial results for the second quarter of 2016.

MTS's revenues for the second quarter of 2016 totaled $3.4 million, compared with $4.8 million in the second quarter of 2015 and $3.3 million in the first quarter of 2016. On a GAAP basis, the Company recorded a net loss for the second quarter of $(22,000), or $(0.00) per diluted... More