CCOM Group, Inc. Announces Unaudited Consolidated Financial Results for the First Quarter Ended March 31, 2017
CCOM Group, Inc. announced unaudited consolidated financial results for the first quarter ended March 31, 2017. For the quarter, sales were $17,671,376 against $17,878,764 for the same period of last year. Operating loss was $541,337 against $520,210 for the same period of last year. Net loss was $649,729 against $617,777 for the same period of last year. Basic and diluted loss per share was $0.07 against $0.07 for the same period of last year. Net cash used in operating activities was $2,187,827 against $2,660,001 for the same period of last year. Additions to property and equipment was $25,263 against $37,760 for the same period of last year.