tTech reports 38% decline in net profit for the first quarter of 2017
For the three months ended March 31, 2017, tTech Limited (tTech) Operating Revenues for the period increased by 20% to $56.59 million compared to $47.14 million for the corresponding period last year. tTech highlighted, “our sales pipeline remains strong and the increase in cybercrime that is occurring both globally and in Jamaica will create opportunities for tTech as the services which the company provides mitigates many of the risks posed by the threat of cybercrime.” Operating Expense increased by 29% to $52.63 million from $40.84 million for March 2016. The growth was due primarily to, “increases in the workforce over
Daily Market Summary- May 10, 2017
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Daily Market Summary- May 9, 2017
Disclaimer: Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed by that research analyst in this research report. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this