Digerati Technologies Reports Revenue of $7.430 Million for Third Quarter Fiscal Year 2024 [Yahoo! Finance]
DIGERATI TECHS INC (DTGI)
NASDAQ:AMEX Investor Relations:
digerati-inc.com/investors.htm
Company Research
Source: Yahoo! Finance
the "Company"), a provider of cloud services specializing in UCaaS (Unified Communications as a Service) solutions for the small to medium-sized business (“SMB”) market, announced today financial results for the three and nine months ended April 30, 2024, the Company's third quarter for its Fiscal Year 2024. Key Financial Highlights for the Three Months Ended April 30, 2024 (Compared to Three Months Ended April 30, 2023) Revenue decreased 5% to $7.430 million compared to $7.837 million. Gross profit decreased 9% to $4.518 million compared to $4.958 million. Gross margin decreased to 60.8% compared to 63.3%. Non-GAAP EBITDA from income, as adjusted (“Adjusted EBITDA – Income”) , decreased 42% to $0.358 million, excluding all non-cash items and one-time transactional expenses, compared to Adjusted EBITDA - Income of $0.621 million. Net loss attributable to Digerati's common shareholders increased 102% to $4.529 million, compared to a net loss attributable to Digerati's commo
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News
- Digerati Technologies Reports Revenue of $7.430 Million for Third Quarter Fiscal Year 2024GlobeNewswire
- Digerati Technologies Highlights its Market Reach Across a Wide Range of Industries [Yahoo! Finance]Yahoo! Finance
- Digerati Technologies Highlights its Market Reach Across a Wide Range of IndustriesGlobeNewswire