First Global Data Limited Announces Earnings Results for the Second Quarter Ended June 30, 2017
August 30, 2017 at 08:46 pm IST
First Global Data Limited announced earnings results for the second quarter ended June 30, 2017. For the quarter, revenues were $3,441,095 as compared to the three-month ending June 30, 2016 of $1,183,098. Net income showed a loss of $232,161 as compared to second quarter 2016 positive net income of $119,951. This loss was attributed primarily to an increase in staffing and expenses related to licensing activity.