Park City Group Reports First Fiscal Quarter 2019 Results
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Park City Group (PCYG) Reports Q1 EPS of $0.05, Revenues Beat
November 8, 2018 5:07 PM ESTPark City Group (NASDAQ: PCYG) reported Q1 EPS of $0.05, versus $0.00 reported last year. Revenue for the quarter came in at $5.9 million versus the consensus estimate of $5.7 million.
We began fiscal 2019 with strong momentum and continued growth across all areas of our business, said Randall K. Fields, Chairman and Chief Executive Officer of Park City Group. Total revenues increased 26% in the first quarter, and we delivered a near tripling of net income, and record operating cash flows. Results for the quarter were driven by our Compliance business, with growth of both Tier 1 and Tier 2 connections,... More
