Appulse Corporation Reports Earnings Results for the Nine Months Ended September 30, 2018; Provides Revenues Guidance for the Fourth Quarter of 2018
November 16, 2018 at 05:00 pm
Appulse Corporation reported earnings results for the nine months ended September 30, 2018. For the nine months, the company reported revenues of $7,285,000, compared to a net income of $75,000 and revenues of $6,505,000 for the same nine-month period of the previous year. EBITDA (earnings before interest, tax and amortization) for the nine months ended September 30, 2018 of $405,000 compares to EBITDA of $333,000 for the same nine-month period of 2017.
In addition, management noted that 2018 fourth quarter revenues are expected to exceed those of the same quarter of the prior year.