Net Element, Inc. (NETE)

[Arizzle]

Q1?? Umm...nah

For the three months ended 31 March 2015, Net Element Inc revenues increased 14% to $5.5M. Net loss decreased 38% to $2.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Interest expense net decrease of 89% to $118K (expense), General & Administrative decrease of 16% to $2.6M (expense).