Tuesday, June 08, 2010 1:06:23 PM
LiveWire Mobile Announces Financial Results for the Quarter Ended
March 31, 2010
Announces Two New Managed Service Bookings
LITTLETON, Mass., May 25, 2010 – LiveWire Mobile, Inc. (Pinksheets: LVWR), a world
leader in ringback, mobile music and managed personalization services, today announced
financial results for the first quarter ended March 31, 2010. The Company also announced
two new managed service bookings, expected to launch in the third quarter of 2010:
• Approximately break-even adjusted EBITDA performance during the quarter
• Recurring revenues increased 15% from first quarter of 2009
• Positive cash-flow from operations for the quarter ended March 31, 2010
• Cash of $6.9 million as of March 31, 2010
• Booked two new managed service arrangements – expected to launch in Q3
2010
here´s the link for the detailed report:
Q1 Financials
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