Or suffering from significant financial losses amounted to 3.7 million in the past three months

Twice company or a lot of changes over the past year, including a new CEO, but one thing hasn’t changed: company continues to suffer from the loss of a lot of money.

More recorded a net loss of $ 1.1 million in the fourth quarter of last year, according to reports from various news agencies, citing sources within the company. Grew bookings and revenue both during the past nine months, but losses have also grown.

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The revenue increase is a good sign of commercial activity, but with the approaching east of the line to IPO in the next year, will be under increasing pressure to stop the consecutive losses, which amounted to $ 3.7 million in the three month financial.

Source: business insider

The post or suffer significant financial losses amounted to 3.7 million in the past three months appeared first on technology 24.

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