MGT Capital Investments (MGT) Posts Wider Q2 Loss

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MGT Capital Investments (MGT) Updates on Recent Business Performance, Q2 Highlights

August 16, 2016 9:07 AM EDT

MGT Capital Investments, Inc. (NYSE: MGT) provided an update on its business and pending acquisitions, as well as its unaudited financial results for the three-month period ended June 30, 2016.

"In the second quarter the Company made significant progress implementing a multi-pronged strategy that has transformed MGT Capital Investments into the innovative cybersecurity company that we envisioned. With the broad set of differing technologies supporting the foundation of today's society, it is important that the cybersecurity protecting these technologies be... More