Sito Mobile, Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
September 05, 2019 at 04:07 pm EDT
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SITO Mobile, Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was USD 13.892 million compared to USD 8.428 million a year ago. Operating loss was USD 3.704 million compared to USD 6.081 million a year ago. Net loss was USD 3.402 million compared to USD 5.735 million a year ago. Basic loss per share was USD 0.13 compared to USD 0.23 a year ago. For the half year, total revenue was USD 22.322 million compared to USD 19.573 million a year ago. Operating loss was USD 8.435 million compared to USD 12.030 million a year ago. Net loss was USD 8.451 million compared to USD 10.984 million a year ago. Basic loss per share was USD 0.33 compared to USD 0.45 a year ago.
SITO Mobile, Ltd. develops customized, data-driven solutions for brands spanning strategic insights and media. The Company's platform reveals an understanding of customer interests, actions and experiences providing clarity for clients when it comes to navigating business decisions. Using in-store targeting, proximity targeting, geo-conquesting and attribution data, the platform creates audience profiles to develop measurable targeted campaigns for brands. Its real-time, location-based technology gives clients the advantage of understanding the future of retail and consumer behavior. Its solutions include research, which provides data-driven problem solving; execution, which provides personalized, location-based advertising; measurement, which offers closed-loop attribution solutions; and insights, which provides decision-making solutions for businesses.
SITO MOBILE, LTD. 
