NetworkNewsBreaks – AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) Announces Financial Results for Fourth Quarter and Full Year 2017

April 16, 2018 08:26:55

Artificial intelligence company AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) this morning announced its financial results for the fourth quarter and full year ended December 31, 2017. Among the highlights, the company recorded revenues of more than $4.5 million for the 12-month period, up from $1.07 million in 2016. Per this morning’s update, these fiscal year results mark the strongest in the company’s history. “2017 was a transformational year for the Company, and we are very pleased with our developments,” Prakash Hariharan, president and CEO of AnalytixInsight, stated in the news release. “We continued to strengthen our machine-learning platform and we added customers and content distribution partners for our financial analytics offerings at CapitalCube. We also solidified a second industry application of our machine-learning platform with the acquisition of Euclides Technologies and are now building workflow analytics solutions for this industry. We believe the Company is very well positioned to benefit from the rapidly evolving industry movements to embrace artificial intelligence and machine-learning solutions within business.”

To view the full press release, visit http://nnw.fm/8jKva

About AnalytixInsight Inc.

AnalytixInsight’s artificial intelligence platform transforms data into narratives. AnalytixInsight’s online portal CapitalCube algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on approximately 50,000 global companies and ETFs, providing high-quality financial research and content for investors, information providers, finance portals and media. AnalytixInsight holds a 49 percent interest in Marketwall, a mobile platform for banking and stock trading. AnalytixInsight owns Euclides Technologies Inc., a workflow analytics systems integrator. For more information, visit the company’s website at www.AnalytixInsight.com

More from NetworkNewsBreaks

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]