Sito Mobile Ltd. Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
March 29, 2019 at 08:00 am
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SITO Mobile Ltd. announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced total revenue was USD 11.116 million compared to USD 14.696 million a year ago. Operating loss was USD 1.275 million compared to USD 6.932 million a year ago. Net loss was USD 1.076 million compared to USD 6.746 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.3 a year ago. Basic loss per share was USD 0.04 compared to USD 0.31 a year ago. For the full year, total revenue was USD 39.746 million compared to USD 42.990 million a year ago. Operating loss was USD 18.468 million compared to USD 14.441 million a year ago. Net loss was USD 17.065 million compared to USD 15.038 million a year ago. Basic loss per share from continuing operations was USD 0.68 compared to USD 0.69 a year ago. Basic loss per share was USD 0.68 compared to USD 0.71 a year ago.
SITO Mobile, Ltd. develops customized, data-driven solutions for brands spanning strategic insights and media. The Company's platform reveals an understanding of customer interests, actions and experiences providing clarity for clients when it comes to navigating business decisions. Using in-store targeting, proximity targeting, geo-conquesting and attribution data, the platform creates audience profiles to develop measurable targeted campaigns for brands. Its real-time, location-based technology gives clients the advantage of understanding the future of retail and consumer behavior. Its solutions include research, which provides data-driven problem solving; execution, which provides personalized, location-based advertising; measurement, which offers closed-loop attribution solutions; and insights, which provides decision-making solutions for businesses.
SITO MOBILE, LTD. 
