Evolving Systems Reports Third Quarter 2019 Financial Results
SYMBOLIC LOGIC INC (EVOL)
US:NASDAQ Investor Relations:
evolving.com/evol/investors
Company Research
Source: GlobeNewswire
ENGLEWOOD, Colo., Nov. 12, 2019 (GLOBE NEWSWIRE) -- Evolving Systems, Inc. (NASDAQ: EVOL), a leader in real-time digital engagement, today reported financial results for its third quarter ended September 30, 2019. 2019 Financial Results Highlights: Third quarter revenue was $6.1 millionYear-to-date 2019, the Company has generated positive cash flow from operationsThird quarter net loss was $0.2 millionThe Company reported for the third quarter positive Adjusted EBITDA of $0.1 millionContinued strategic investments to enhance R&D activities, sales and marketing initiatives, and global business development to drive long-term growth in revenues “In the midst of a product revitalization, we’re proud to have generated positive cash flow from operations in the year and the quarter. While our 2019 third-quarter revenues continue to be slightly lower than our expectations and prior quarters, our overall trajectory is in line with our plans as we continue to execute on our transformation
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- Symbolic Logic, Inc. (NASDAQ: EVOL) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Symbolic Logic, Inc. (NASDAQ: EVOL) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Symbolic Logic, Inc. (NASDAQ: EVOL) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Symbolic Logic, Inc. (NASDAQ: EVOL) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Symbolic Logic, Inc. (NASDAQ: EVOL) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat