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Wireless

Pareteum raises outlook as Q2 revenues top USD 34 mln, EBITDA positive

Wednesday 7 August 2019 | 10:11 CET | News
Pareteum, a provider of communications platform as a service products, reported revenues up 48 percent from the previous quarter and 469 percent year-on-year in Q2 to USD 34.1 million. EBITDA rose 466 percent to USD 3.4 million, with the company delivering EBITDA positive results two full quarters ahead of analyst expectations.

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Categories: Mobile & Wireless
Companies: Pareteum
Countries: World
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