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For the nine months ended 30 September 2018, Fusion Connect Inc revenues increased 7% to $367.1M. Net loss applicable to common stockholders excluding extraordinary items increased from $13.3M to $58.9M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Selling, general and administrative increase of 29% to $113.6M (expense), Interest expense.
Period Ending: | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Total Revenue | 143.43 | 120.8 | 102.91 | 40.27 |
Gross Profit | 70.45 | 54.61 | 47.78 | 17.16 |
Operating Income | 3.96 | -19.75 | 6.71 | -1.45 |
Net Income | -17.63 | -18.52 | -12.98 | -3.95 |
Period Ending: | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Total Assets | 634 | 638.88 | 150.9 | 348.1 |
Total Liabilities | 770.17 | 757.73 | 116.95 | 577.31 |
Total Equity | -136.18 | -118.85 | 33.95 | -229.21 |
Period Ending: | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | 2.89 | 1.92 | -0.01 | 5.32 |
Cash From Investing Activities | -48.2 | -37.41 | -0.95 | -4.57 |
Cash From Financing Activities | 55.03 | 43.36 | 29.59 | -5.44 |
Net Change in Cash | 9.67 | 7.78 | 28.63 | -4.69 |
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