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For the nine months ended 30 September 2017, Inventergy Global Inc revenues decreased 25% to $1.3M. Net income applicable to common stockholders totaled $36.3M vs. loss of $5.7M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net Income reflects Gain on debt extinguishment increase from $2.4M to $40.8M (income).
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Revenue | 0 | 1.15 | 0.1 | 0.1 |
Gross Profit | 0 | 0.82 | 0.07 | 0.06 |
Operating Income | -0.71 | 40.62 | -1.51 | -1.39 |
Net Income | -0.81 | 39.69 | -2.56 | -2.48 |
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Assets | 43.5 | 43.57 | 17.35 | 18.89 |
Total Liabilities | 5.3 | 4.64 | 18.29 | 17.35 |
Total Equity | 38.2 | 38.93 | -0.94 | 1.54 |
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -2 | -1.79 | -1.32 | -5.08 |
Cash From Investing Activities | ||||
Cash From Financing Activities | 0.53 | 0.39 | 0 | 6.01 |
Net Change in Cash | -1.47 | -1.41 | -1.32 | 0.92 |
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