- Second quarter results show number of subscribers up 57 percent and subscriber revenue up 108 percent
- National governments of U.S., UK see potential applications of GTX Corp products in health services
- U.S. military using GTX wearable GPS technology to track assets and personnel
GTX Corp (OTC: GTXO), a company that develops and produces wearable GPS technology for tracking individuals and assets, has announced a 108 percent increase in subscriber revenue. Releasing its second quarter results, the company said that revenue was up seven percent and subscriber numbers increased by 57 percent, as compared to the same period of the previous year, according to a news release (http://nnw.fm/BgQd7).
“As highlighted above, we had an overall good quarter, with single- or double-digit increases or decreases in all the major metrics – revenues were up, subscribers were up, margins and profits were up, while our cost of operations, professional services, G&A and net losses decreased,” GTX Corp CEO Patrick Bertagna said in a news release…
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