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Siyata Mobile Reports Revenue of $5.2 Million in Q2 2017
Jul. 10, 2017 08:31AM PST
Emerging TechnologySiyata Mobile (TSXV:SIM) has announced it has posted record sales of $6.2 million in revenue for Q2 2017, representing a 150 percent increase over the same time period year-on-year. As quoted in the press release: Marc Seelenfreund, CEO and Chairman of Siyata stated, “This was a record quarter for Siyata and a dramatic increase over …
Siyata Mobile (TSXV:SIM) has announced it has posted record sales of $6.2 million in revenue for Q2 2017, representing a 150 percent increase over the same time period year-on-year.
As quoted in the press release:
Marc Seelenfreund, CEO and Chairman of Siyata stated, “This was a record quarter for Siyata and a dramatic increase over Q2 2016. We have only begun to realize our large-scale market potential and are excited from the major opportunities that we are working on in North America.”
According to the United States Department of Transportation, in 2015 there were over 12 million fleet vehicles in the United States. Siyata aims to be the leading provider of connected vehicle and mobile hardware solutions as these commercial fleets upgrade their communication platforms to be compatible with next generation networks, PoC solutions and other software applications.
The Company will announce its Q2 2017 results before the end of August 2017.
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