CLPS Incorporation Reports Financial Results for the First Half of Fiscal Year 2019
CLPS Incorporation (CLPS)
Company Research
Source: PR Newswire
SHANGHAI, Feb. 22, 2019 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS), a leading information technology ("IT") consulting and solutions service provider focusing on the banking, insurance and financial sectors in China and globally, today announced its financial results for the six months ended December 31, 2018, or the first half of the Company's fiscal year 2019.First Half of Fiscal 2019 Highlights (all results compared to the six months ended December 31, 2017) Revenues increased by 38.7% to $30.8 million from $22.2 million. Gross profit increased by 25.8% to $11.2 million from $8.9 million. Net loss attributable to CLPS Incorporation's shareholders of $1.4 million, or $0.10 basic and diluted losses per share, from net income attributable to CLPS Incorporation's shareholders of $1.3 million, or $0.12 basic and diluted earnings per share. Non-GAAP net income attributable to CLPS Incorporation's shareholders[1] increased by 100% to $2.6 million, or $0.1
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