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goforthebet

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goforthebet

Re: None

Tuesday, 08/15/2017 8:33:25 AM

Tuesday, August 15, 2017 8:33:25 AM

Post# of 4851
10-Q out QUES

Highlights

•Substantial reduction of Net Loss from continuing operations for the three months ended June 30, 2017 bringing Net Loss down to $0.4 million, an improvement of $1.0 million compared to same period last year

•Adjusted EBITDA for the three months ended June 30, 2017 of $500,000 an improvement of 25% compared to same period last year.
•Expanded and diversified customer base adding 82 new customers in the first half of 2017

•Reduced operating expenses for Q2-2017 to $2.8 million from $3.3 million in Q2-2016, a decrease of $0.5 million or 14%

•Turnaround plan underway with the goal of improving the balance sheet and driving to sustained profitability


http://ih.advfn.com/p.php?pid=nmona&article=75447351

https://seekingalpha.com/news/3289455-quest-solution-reports-q2-results

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