Digerati Technologies Posts Q3 Adj. Net Loss Of $131K - Quick Facts

6/15/2012 9:34 AM ET

Digerati Technologies, Inc. (DTGI.OB) posted adjusted net loss of $131 thousand for the third quarter.

The company recorded revenues for the quarter of $705 thousand.

Arthur Smith, CEO of Digerati, stated, "The financial improvements during the quarter are encouraging and delivered on the expectations for our cloud communications business model. We have now established the foundation to scale and continue stacking the higher margin revenue going forward..."

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by RTT Staff Writer

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