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Strategies & Market Trends : smallcap risk reward potential
APPS 6.245+3.7%Oct 31 9:30 AM EDT
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From: ACAN7/10/2018 9:05:55 AM
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Celtictrader

   of 2007
 
TEUM

Pareteum Expects Second Quarter 2018 Revenue of At Least $5.75 Million


Represents a 78% Increase Over Second Quarter 2017

2018 Revenue Outlook Raised to 80% Year-Over-Year Growth

NEW YORK, July 10, 2018 /PRNewswire/ -- Pareteum Corporation (NYSE American: TEUM), the rapidly growing Cloud Communications Platform company, announced today that the Company expects to report revenues of at least $5.75 million, which represents approximately 78% growth for the second quarter ended June 30, 2018, as compared to a year ago. The second quarter's expected 2018 revenues will represent an approximate 40% sequential growth over the first quarter of 2018, demonstrating the strong growth in connections that was previously reported in the first quarter of 2018.
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