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AtmanCo Announces Revenue Growth of $2.5 Million for Its First Quarter of 2017

Jocelyn Aspa
May. 26, 2017 08:56AM PST
Data Investing

AtmanCo (TSXV:ATW) has announced its quarter results ending March 31, 2017. As quoted in the press release: Highlights: For its first quarter of 2017, the Company announced revenues of $2,727k compared to revenues of $246k for its first quarter of 2016, a year-over-year increase of $2,481k. For its first quarter of 2017, Company’s revenues increased …

AtmanCo (TSXV:ATW) has announced its quarter results ending March 31, 2017.
As quoted in the press release:

Highlights:

  • For its first quarter of 2017, the Company announced revenues of $2,727k compared to revenues of $246k for its first quarter of 2016, a year-over-year increase of $2,481k.
  • For its first quarter of 2017, Company’s revenues increased by $133k or 5% while compared to previous quarter ending December 31, 2016.
  • As of March 31, 2017, the Company’s order book totalled $8.9m compared to $0.8m on March 31, 2016, a year-over-year increase of $8.1m.

« Throughout the first quarter of 2017, we have focused on integrating and harmonizing VoxTel’s business, as well as developing promising opportunities involving both VoxTel and AtmanCo. The benefits of these projects, in both corporate and consumer markets alike, should contribute to the future quarters of 2017. In order to achieve our objectives, we have taken the steps to improve our presence in the international market and hired experts in the telecom industry. Moreover, we are continuing our pursuit of closing strategic acquisitions in our different business markets », said President and CEO of AtmanCo, Michel Guay.
The above data includes a summary of highlights. For further information, please consult the Corporation’s interim consolidated financial statement as well as the Management Report for the quarter ended March 31, 2017 at www.sedar.com.

Click here to read the full press release.

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