March 27 (Reuters) - Mogo Inc (British Columbia) MOGO.TO :
* MOGO INC SAYS TAKING IMMEDIATE COST REDUCTION INITIATIVES
* MOGO SAYS INITIATIVES WILL REDUCE CASH EXPENSES IN Q2 BY AN ESTIMATED $5.0 MILLION
* MOGO SAYS QTRLY TOTAL REVENUE INCREASED 2% OVER Q4 OF 2018 TO $15.0 MILLION
* MOGO SAYS QTRLY NET LOSS OF $6.2 MILLION, COMPARED WITH A NET LOSS OF $5.0 MILLION IN Q4 OF 2018