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jedijazz

11/16/17 10:05 AM

#6419 RE: Quintessence #6416

$FTNWD September 30, 2017 Financial Highlights

*56% increase in sequential revenue, $79.1MM versus $50.7MM for the quarter ended June 30, 2017
*320 basis point improvement in Gross margin, 19.6% versus 16.4% for the period ending June 30, 2017
*149% increase in Net income, approximately $2.5MM versus a loss of ($5.1MM) for the period ending June 30, 2017
*Adjusted EBITDA of $11.6MM for three months ending September 30, 2017
*Significant increase in adjusted diluted earnings per share to $1.61 compared to a loss per share of ($0.37) in the quarter ended September 30, 2016

https://www.otcmarkets.com/stock/FTNWD/news/FTE-Networks-Reports-Record-Quarterly-Revenue-of--79-1MM-as-Company-rsquo-s-Momentum-Continues?id=175649&b=y