March 8, 2018 / 7:29 AM / 6 months ago

BRIEF-Starcom Says FY Revenue Rose 6 Pct To $5.44 Mln

March 8 (Reuters) - Starcom Plc:

* FY REVENUE ROSE 6 PERCENT TO 5.44 MILLION USD

* REVENUES FOR YEAR WERE $5.4M (2016: $5.1M), AN INCREASE OF 6%

* EBITDA LOSS EXCLUDING SHARE OPTIONS PROVISION WAS $193,000 (2016: LOSS OF $781,000, AFTER ADJUSTING FOR INVENTORY WRITEDOWN)

* REVENUES IN Q1 OF 2018 EXPECTED TO BE APPROXIMATELY $1M (Q1 2017: $765,000)

* HAVE POINT TO GOOD GROWTH IN REVENUES AND A CONTINUING IMPROVEMENT IN GROSS MARGINS IN 2018 Source text for Eikon: Further company coverage:

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