GTX Corp (GTXO) Subscriber Revenue Up 108 Percent in Q2 2018

August 29, 2018 10:05:41
  • 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 (

“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…

Read More>>

More from NetworkNewsWire

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

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

NetworkNewsWire (NNW)
New York, New York
212.418.1217 Office