Brief: TeraGo Reports Q2 2019 Results

TeraGo

06/08/2019 22:38

Aug 6 (Reuters) - Terago Inc  TGO.TO :
    * TERAGO REPORTS SECOND QUARTER 2019 RESULTS
    * Q2 REVENUE FELL 10.9 PERCENT TO C$12.2 MILLION
    * FOR QUARTER ENDED JUNE 30, 2019 CONNECTIVITY ARPU WAS
$1,023
COMPARED TO $1,047 FOR THE SAME PERIOD IN 2018
    * FOR QUARTER ENDED JUNE 30, 2019 CLOUD AND COLOCATION ARPU
WAS
$3,185 VERSUS $3,318 FOR THE SAME PERIOD IN 2018.
    * FOR THE THREE MONTHS ENDED JUNE 30, 2019, CONNECTIVITY
CHURN WAS
1.6% COMPARED TO 1.4% FOR THE SAME PERIOD IN 2018
    * FOR THE THREE MONTHS ENDED JUNE 30, 2019, CLOUD AND
COLOCATION
CHURN WAS 1.7% COMPARED TO 1.5% FOR THE SAME PERIOD IN 2018
    * NET LOSS WAS $2.8 MILLION FOR THE THREE MONTHS ENDED JUNE
30,
2019 COMPARED TO A NET LOSS OF $1.5 MILLION FOR THE SAME PERIOD
IN 2018

Source text for Eikon:  ID:nCNW7l6lVa 
Further company coverage:  TGO.TO 

 (Reuters.Briefs@thomsonreuters.com)