LML Payment Systems Q4 Non-GAAP profit rises - Quick facts

LML Payment Systems Inc. (LMLP) said that its fourth quarter GAAP net loss was about $1.6 million or $0.07 per share, compared to net income of $86,000 or $0.01 per share in the year ago quarter.

Non-GAAP net income for the fourth quarter was $326 thousand or $0.01 per share, compared to $240 thousand or $0.01 per share for the fourth quarter last year.

Revenue for the quarter was $3.3 million, up 107% from $1.6 million in the year ago quarter.

by RTTNews Staff Writer

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