Brief: Spectra7 Reports Q4 Revenue About $2.9 Mln

Spectra7 Microsystems

06/03/2018 12:34

March 6 (Reuters) - Spectra7 Microsystems Inc  SEV.TO :
    * SPECTRA7 ANNOUNCES FOURTH QUARTER AND ANNUAL FINANCIAL
RESULTS
FOR THE YEAR ENDED DECEMBER 31, 2017
    * REVENUE FOR Q4 2017 WAS APPROXIMATELY $2.9 MILLION,
REPRESENTING
A 45% INCREASE OVER PRIOR QUARTER
    * GROSS MARGIN IN Q4 2017 WAS 55%, ABOUT FLAT SEQUENTIALLY
AND
DOWN FROM 60% OVER SAME PERIOD IN THE PRIOR YEAR
    * Q4 REVENUE VIEW $3.0 MILLION -- THOMSON REUTERS I/B/E/S

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