SITO Mobile (SITO) Misses Q3 EPS by 7c

Go back to SITO Mobile (SITO) Misses Q3 EPS by 7c

SITO Mobile Reports 30% Increase in Revenue for the Third Quarter

November 14, 2017 4:05 PM EST

JERSEY CITY, N.J., Nov. 14, 2017 (GLOBE NEWSWIRE) -- SITO Mobile Ltd. (NASDAQ: SITO), an insights-driven Consumer Behavior and Location Sciences company, announced today its financial results for the third quarter and nine month periods ended September 30, 2017. 

Three Months Ended September 30, 2017 and Recent Business Highlights

Total revenue increased 30% to $11.1 million compared to $8.6 million in the corresponding period of 2016Net loss of $2.7 million compared to net income of $502,000 in the corresponding period of 2016. The net loss reflects, among other things, approximately $591,000 in increased... More