Post by
midard on Jul 20, 2018 6:04pm
Revenue increased 302.8%
Highlights for the Three Months Ended May 31, 2018 • Total revenue from continuing operations for the three months ended May 31, 2018 increased 302.8% to $6,294,770 from $1,562,782 in the same period in the prior year. • Revenue from continuing operations, excluding hardware sales decreased 2.1% to $1,313,588 in the three months ended May 31, 2018 from $1,341,964 in the same period in the prior year. • Total revenue from hardware sales for the three months ended May 31, 2018 increased 2,155.8% to $4,981,182 from $220,818 in the same period in the prior year. • Gross profit for the three months ended May 31, 2018 increased 155.7% to $2,381,080 from $931,306 in the same period in the prior year. • Gross profit margin decreased to 37.8% for the three months ended May 31, 2018 compared with 59.6% in the same period in the prior year.