iQSTEL Inc (IQST)

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Press Release: IQST - iQSTEL Announces 134% YTD Revenue Growth And 2020 $42 Million Estimated Revenue Outlook
8:55 am ET October 29, 2020 (Dow Jones) Print

IQST - iQSTEL Announces 134% YTD Revenue Growth And 2020 $42 Million Estimated Revenue Outlook

PR Newswire

NEW YORK, Oct. 29, 2020

NEW YORK, Oct. 29, 2020 /PRNewswire/ -- iQSTEL, Inc. (USOTC: IQST) an international telecommunication and fintech service provider, today announced the company will report $13.2 million in revenue in its upcoming Q3 financial report, a 17.8% increase over the $11.2 million in revenue reported in Q2. The company set a revenue record for the month of September reaching $4.5 million. The company will report a total of $29.3 million in revenue for the nine months ending September 30, 2020 realizing a 134% increase over the $12.5 million reported for same period for the previous year. IQST is a fully reporting company with audited financials. IQST confirms the 2020 $42 million estimated revenue outlook published in the Goldman Small Cap Research Analyst Report issued earlier this week on Tuesday, October 27, 2020:

IQST -- iQSTEL Announces Analyst Report With $0.54 Target PPS