Net Element, Inc. (NASDAQ: NETE) Revenues Up Nine Percent to $32 Million

August 28, 2018 08:55:43
  • Growth in North American market driving revenue increase
  • Total dollars processed via North American Transaction Solutions segment up 37 percent to $1.62 billion
  • Total dollars processed via International Transaction Solutions segment up 20 percent to $211 million

Net Element, Inc. (NASDAQ: NETE) has reported strong second quarter financial results, with net revenues of $32.45 million by June 2018, up nine percent from $29.7 million last year (http://nnw.fm/79sUP). The financial services technology company, which develops multi-channel electronic payment solutions, has seen a significant increase in its North American business.

At a conference call to discuss the…

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