Epazz Q1 Revenue and Profitability Up; Blockchain Mobile Apps and Cloud Business Software New Version Expected to Assist in Growing Revenue
GlobeNewswire May 23, 2018
Company is focusing on improving fundamentals, increasing sales, reducing operational expenses and increasing income
CHICAGO, May 23, 2018 (GLOBE NEWSWIRE) -- Epazz, Inc. (EPAZ), a leading provider of cloud-based business software solutions, has reported its unaudited first quarter results for 2018. The company reported revenue of $474,145 compared with $473,974 for the first quarter of 2017. The company reported a net income of $15,050. This is a substantial turnaround in the company’s financial position. Additionally, the company’s interest expense has substantially decreased, dropping from $73,462 for the first quarter of 2017 to just $34,771 for the first quarter of 2018.
