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TRANSGAMING INC. V.TNG

"TransGaming Inc is engaged in partnering with Smart TV manufacturers and international pay TV operators to deliver interactive gaming experiences to connected TVs globally."


TSXV:TNG - Post by User

Post by youmetreeon Jan 28, 2014 5:27pm
193 Views
Post# 22144459

Resutls Beats GMC's Expectations

Resutls Beats GMC's ExpectationsFor the 2nd quarter of fiscal 2014, Global Maxfin Capital (GMC), was looking for $1.97M in revenue and adjusted EBITDA of $94K. TNG reported $2.1M in revenue and adjusted EBITDA of $247K. So, we beat expectations nicely. Awesome!

For the record, Global Maxfin is the only company that has initiated coverage on us and has a price target of $0.60. They will likely increase this target as a result.

Cheers.
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