logo-loader
viewmCloud Technologies Corp

Universal mCloud reports a 26 percent increase in Q2

Universal mCloud (CVE:MCLD) CEU Russel McMeekin and Chief Accounting Officer Darren Anderson came in to the Vancouver studios of Proactive Investors to talk about their strong Q2 results. 

Consolidated revenues increased 26 per cent from $2.4-million in Q1 2018 to $3-million. Gross margins remained strong at 64 per cent, largely driven by the execution of the company's strategy to acquire high-margin innovative technology companies.


McMeekin also announced a new member to the Universal mCloud management team. 

 

Quick facts: mCloud Technologies Corp

Price: 3.14 CAD

TSX-V:MCLD
Market: TSX-V
Market Cap: $77.93 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of mCloud Technologies Corp named herein, including the promotion by the Company of mCloud Technologies Corp in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

mCloud Technologies seeing strong interest in Connected Workers Solution in...

mCloud Technologies (CVE: MCLD-OTCQB: MCLDF) President, Connected Solutions and Chief Marketing Officer Barry Po joined Steve Darling from Proactive Vancouver with news the company is seeing a big increase in demand for their Connected Workers Solutions. Po telling Proactive how their...

2 weeks, 6 days ago

2 min read