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Stock impact report

Digerati Technologies Reports Revenue of $7.56 Million for Second Quarter Fiscal Year 2024 [Yahoo! Finance]

DIGERATI TECHS INC (DTGI) 
NASDAQ:AMEX Investor Relations: digerati-inc.com/investors.htm
Company Research Source: Yahoo! Finance
- Focused on Increasing the Profitability of Existing Revenue Streams, Increasing the Average Revenue per Customer, and Providing Exceptional Customer Support - SAN ANTONIO, Texas, March 25, 2024 (GLOBE NEWSWIRE) -- Digerati Technologies, Inc. ( OTCQB: DTGI ) ("Digerati" or the "Company"), a provider of cloud services specializing in Unified Communications as a Service (“UCaas") solutions for the small to medium-sized business (“SMB”) market, announced today financial results for the three and six months ended January 31, 2024, the Company's second quarter for its Fiscal Year 2024. Key Financial Highlights for the Three Months Ended January 31, 2024 (Compared to Three Months Ended January 31, 2023) Revenue decreased 5% to $7.565 million compared to $7.941 million. Gross profit decreased 1% to $4.905 million compared to $4.973 million. Gross margin increased to 64.84% compared to 62.62%. Non-GAAP EBITDA from income (“Adjusted EBITDA - Income”) decreased 15% to $0.676 milli Show less Read more
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