SITO Mobile (SITO) Tops Q3 EPS by 1c
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SITO Mobile Reports Third Quarter 2016 Financial Results
November 14, 2016 4:01 PM ESTJERSEY CITY, N.J., Nov. 14, 2016 (GLOBE NEWSWIRE) -- SITO Mobile Ltd. (NASDAQ: SITO), a leading mobile engagement platform, today announced its results for the third quarter ended September 30, 2016.
Third Quarter 2016 Business Highlights
TOTAL REVENUE: was $10.3 million, an increase of 129% year-over-year. MEDIA PLACEMENT REVENUE: (SITO Mobiles programmatic advertising revenue) was $8.4 million, an increase of 179% year-over-year. GROSS PROFIT: was $5.7 million (55% gross margin), up from $2.4 million (52% gross margin) in Q3 2015. (Please refer to the supplemental... More