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Tuesday, 11/20/2018 8:10:04 AM

Tuesday, November 20, 2018 8:10:04 AM

Post# of 29929
$DIRV DirectView's record results reflect a number of large new and existing customer projects where DirectView and its subsidiaries were awarded contracts.

2018 Nine Months Results

22% sales growth to a record $3.3 million
20% growth in product sales to a record $2.7 million
32% growth in services sales to a record $0.6 million
7% gross profit growth to a record $1.3 million
30% growth in product gross profit to a record $1.4 million
400 basis point gross profit margin increase to 52.3%
108% increase in SG&A

Sales and gross profit trends continued to expand during the first nine months of 2018 and reflect continued strong product and services demand. SG&A continues to reflect on-going investments in technology and additional customer-facing headcount.

https://finance.yahoo.com/news/directview-reports-record-sales-9-103700059.html

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