InvestorsHub Logo

mick

08/17/20 10:38 AM

#248 RE: mick #247

As a result of the record revenues, improved gross margins, and overall cost control efforts, the Company reported a record $2.4 million in EBITDA during the second quarter of 2020, as compared to negative $1.0 million in EBITDA for the same period in 2019. This represents a major financial accomplishment for the Company, as it is the first EBITDA positive quarter in the Company’s history.