LeadFX Inc. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016
October 27, 2016 at 05:30 pm EDT
LeadFX Inc. reported unaudited earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported net loss and comprehensive loss of $2,879,000 or $0.07 per basic and diluted share against $2,002,000 or $0.19 per basic and diluted share for the same period a year ago. Cash flow used in operating activities was $1,315,000 against $2,811,000 for the same period a year ago.
For the nine months, the company reported net loss and comprehensive loss of $9,487,000 or $0.25 per basic and diluted share against $11,198,000 or $1.05 per basic and diluted share for the same period a year ago. Cash flow used in operating activities was $3,512,000 against $2,424,000 for the same period a year ago. Revenue was nil against $27,163,000 for the same period a year ago.