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BRIEF-Engagement Labs reports Q1 loss per share $0.02
May 16, 2017 / 11:09 AM / 6 months ago

BRIEF-Engagement Labs reports Q1 loss per share $0.02

May 16 (Reuters) - Engagement Labs Inc-

* Engagement Labs reports Q1 2017 results

* Revenue has decreased by 40%, from $1.33 million for Q1 2016 to $805,820 for q1 2017

* Gross margin increased from 19% in q1 2016 to 36% in Q1 2017

* Qtrly loss per share $0.02

* As at March 31, 2017, company had cash and restricted cash of $3.505 million, compared to $4.537 million as at december 31, 2016

* Board has approved issuance of 122,222 restricted share units to an officer of corporation Source text for Eikon: Further company coverage:

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