Spectrum Global Solutions (OTCQB: SGSI), a leading
telecommunications engineering and infrastructure services provider, recently
reported its first quarter with positive income from operations. An article
discussing SGSI’s Q1 2019 financial results reads, “For the three months ended
March 31, 2019, SGSI reported revenues of $11,335,732, as compared to sales of
$4,327,764 the first quarter of 2018. In 2019, the company showed its first
quarterly income from continuing operations of $14,699, as compared to a loss
from operations of $743,491 during the same period in 2018 (http://ibn.fm/Uuf5g). . . .
‘Revenue was just over $11.3 million, which reflects consistent growth in our
AW solutions, ADEX and TNS subsidiaries,’ SGSI CEO Roger Ponder stated in a
news release. ‘We also reported positive income for the period. This is
Spectrum’s first quarter with positive income from operations, which
demonstrates continued improvements in the business.’”
To view the full article, visit http://ibn.fm/Ge2p7
About Spectrum Global Solutions Inc.
Spectrum Global Solutions operates through its subsidiaries:
AW Solutions, ADEX Corp and TNS. The company is a leading provider of
telecommunications engineering and infrastructure services across the United
States, Canada, Puerto Rico, Guam and the Caribbean. For more information,
visit the company’s website at www.SpectrumGlobalSolutions.com.
NOTE TO INVESTORS: The latest news and updates
relating to SGSI are available in the company’s newsroom at http://ibn.fm/SGSI
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