- During the second quarter of 2019, Spectrum Global Solutions’ revenues reached $19.7 million
- A growth period started in the first quarter of the year and was mainly attributed to the expansion of Spectrum’s primary subsidiaries, including TNS Inc.
- Over the coming 12 months, Spectrum expects to win new contracts and expand into several key international markets
Spectrum Global Solutions Inc. (OTCQB: SGSI) recently announced that it received $3.7 million in new contracts during the second quarter of 2019 in a press release detailing the company’s financial results for the three-month period (http://nnw.fm/LCk8G).
Spectrum Global Solutions also entered into a definitive agreement for the acquisition of WaveTech GmBH, an innovative energy management technology firm. The agreement is expected to enable Spectrum to improve monetization of its existing customer base while…
NOTE TO INVESTORS: The latest news and updates relating to SGSI are available in the company’s newsroom at http://nnw.fm/SGSI
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.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
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
Editor@NetworkNewsWire.com