MICT, Inc. (MICT) Reports Q1 Loss of $0.15
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MICT Reports Financial Results for the First Quarter Ended March 31, 2020
June 16, 2020 7:30 AM EDTMONTVALE, N.J., June 16, 2020 /PRNewswire/ --Â MICT, Inc. (Nasdaq: MICT), today announced financial results for the three months ended March 31, 2020, as well as merger and acquisition developments subsequent to the end of the first quarter.
"As at March 31, 2020, MICT held an ownership interest in Micronet Limited of 30.48% of its issued and outstanding shares, the results of Micronet Limited are therefore not included within MICT's consolidated financial statements. The first quarter revenues and underlying mobile computing and telematics business of Micronet Limited were negatively impacted by the COVID-19 pandemic as all... More
