Macro Enterprises Inc. Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2018; Provides Earnings Guidance for the Fiscal Year Ending December 31, 2018
For the six months, revenue was $11,873,000 against $37,985,000 a year ago. LBITDA was $6,335,000 against EBITDA of $118,000 a year ago. Net loss was $6,896,000 against $2,315,000 a year ago. Net loss per share was $0.23 against $0.08 a year ago.
The company expects revenues to exceed $150 million and to be cash flow positive for the fiscal year ended December 31, 2018.