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Inpixon Reports First Quarter 2018 Financial Results and Provides Corporate Update

Inpixon (INPX) 
Last inpixon earnings: 8/21 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
PALO ALTO, Calif., May 15, 2018 (GLOBE NEWSWIRE) -- Inpixon (Nasdaq:INPX), a leading indoor positioning and data analytics company, today reported financial results for the first quarter ended March 31, 2018 and provided an update on corporate developments. First Quarter 2018 Financial Highlights 2018 Q1 revenue of $2.1 million (adjusted for new ASC 606 Revenue Policy Adoption)2018 Q1 gross margin of 59%2018 Q1 GAAP net loss of $1.85 per share2018 Q1 Proforma non-GAAP net loss1 of $1.24 per share2018 Q1 Non-GAAP adjusted EBITDA1 loss of $3.4 million “The first quarter of 2018 has been the start of rebuilding Inpixon and strengthening the company to execute on its expansive growth strategies, including improving our balance sheet, enhancing our technology, adding to our product offerings, extending our channel partner network, regaining Nasdaq compliance for stockholders’ equity, and preparing for the spinoff of our VAR business into a separate, publicly traded, wholly owned subsi Show less Read more
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