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Eight Solutions Announces Second Quarter Results
Thursday, August 4, 2016Company Profile | Follow Company
Vancouver, BC, August 4, 2016--(T-Net)--Eight Solutions Inc. (TSXV:ES) announced today the release of its unaudited consolidated interim financial results for the three and six months ended June 30, 2016. All figures are in Canadian dollars.
Q2 2016 Financial Highlights
Q2 2016 Operational Highlights
Q2 2016 Financial Summary
Three Months ended | ||
June 30, 2016 | June 30, 2015 | |
Revenue | $ 1,553,199 | $ 497,689 |
Net income (loss) and comprehensive income (loss) attributable to the shareholders of the Company | $ 2,883,282 | $ (1,521,993) |
Basic earnings (loss) per share | $ 0.05 | $(0.03) |
About Eight Solutions
Eight Solutions Inc. is a technology company led by a team of gaming industry veterans. Eight's flagship product is Cumul8, a data analytics and visualization solution. Cumul8 works with any type of data source to help people and companies understand, collaborate, and make better decisions with data. Eight's portfolio also includes an award-winning 3D technology licensed to the film industry and Reelhouse, a unique video-on-demand platform that allows films makers to distribute their content directly to users. For more information, visit www.eightsolutions.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
Except for statements of historical fact, this news release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” occur. Although Eight believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.
For more Information, please contact:
Investor Relations
investor.relations@eightsolutions.com
Suite 100, 138 East 7th Avenue
Vancouver, British Columbia, V5T 1M6
Phone: (604) 669-8885
Fax: (604) 669-8855
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