Spectrum Global Solutions (OTCQB: SGSI), a leading telecommunications engineering and infrastructure services provider, recently reported its first quarter with positive income from operations. An article discussing SGSI’s Q1 2019 financial results reads, “For the three months ended March 31, 2019, SGSI reported revenues of $11,335,732, as compared to sales of $4,327,764 the first quarter of 2018. In 2019, the company showed its first quarterly income from continuing operations of $14,699, as compared to a loss from operations of $743,491 during the same period in 2018 (http://ibn.fm/Uuf5g). . . . ‘Revenue was just over $11.3 million, which reflects consistent growth in our AW solutions, ADEX and TNS subsidiaries,’ SGSI CEO Roger Ponder stated in a news release. ‘We also reported positive income for the period. This is Spectrum’s first quarter with positive income from operations, which demonstrates continued improvements in the business.’”
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About Spectrum Global Solutions Inc.
Spectrum Global Solutions operates through its subsidiaries: AW Solutions, ADEX Corp and TNS. The company is a leading provider of telecommunications engineering and infrastructure services across the United States, Canada, Puerto Rico, Guam and the Caribbean. For more information, visit the company’s website at www.SpectrumGlobalSolutions.com.
NOTE TO INVESTORS: The latest news and updates relating to SGSI are available in the company’s newsroom at http://ibn.fm/SGSI
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