SITO Mobile Reports Second Quarter 2018 Results

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SITO Mobile (SITO) Misses Q2 EPS by 8c, Revenues Miss

August 20, 2018 4:34 PM EDT

SITO Mobile (NASDAQ: SITO) reported Q2 EPS of ($0.23), $0.08 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $8.4 million versus the consensus estimate of $10.08 million.

Tom Pallack, SITOs Chief Executive Officer commented, We continue to advance initiatives to transform our organization from what has historically been a media placement business with... More