DirectView Holdings Inc (fka DIRV)

[MOTSUR]

First Half 2018 Results 

70% sales growth to a record $2.3 million

73% growth in product sales to a record $1.9 million

57% growth in services sales to a record $0.4 million

37% gross profit growth to a record $1.0 million

64% growth in product gross profit to a record $0.9 million

185% increase in SG&A

Sales and gross profit expanded significantly during the first half of 2018, reflecting strong DirectView product and services demand. SG&A reflects on-going investments in technology and additional customer-facing headcount.

Roger Ralston, DirectView's CEO, stated: "DirectView's first half of 2018 performance generated the highest sales and profits of any period in our history. As we continue our technology and acquisition investments, we realize significant adoption and scale will take time. The results speak for themselves and we remain laser focused and bullish on our strategy."