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Bullboard - Stock Discussion Forum Guestlogix Inc T.GXI.R

TSX:GXI.R - Post Discussion

Guestlogix Inc > umm 80% is really 8.8%
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Post by kingnick311 on May 14, 2015 10:09pm

umm 80% is really 8.8%

"Revenue for Q1 2015 increased from $8.5 million to $15.3 million, an 80% increase from the prior year’s first quarter. This increase was a result of the impact of revenue from the OpenJaw acquisition which was $5.7 million for the full quarter."

9.6 million is the real 1Q revenue, which is an 8.8% increase. Just in case anyone was wondering why this stock hasn't taken off...not the 'blow out' quarter we are waiting for.
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