Friday, August 23, 2019 1:29:53 PM
Revenues increased to $1.3 million
Gross margin of 69%
Key Business Highlights for Q2 2019:
Closed acquisition of PathUX
Initiated integrations and growth plans for Service 800 and Path UX businesses
Management Commentary
"Our second quarter results primarily reflect the ongoing Service 800 business, as we had just closed that acquisition on March 4 and since closed the PathUX acquisition on June 4," commented, Geordan Pursglove, Beyond Commerces Chief Executive Officer. We are now in midst of re-energizing the sales engines at both Service 800 and PathUX, initiating cross-sell opportunities, introducing new products and expanding their markets. We expect these initiatives to drive growth over the next few quarters. Additionally, we are in active and discussions and negotiations with several acquisitions.
LINK: https://www.otcmarkets.com/stock/BYOC/news/Beyond-Commerce-Reports-Record-Second-Quarter-2019-Results?id=237432
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