Roomlinx, Inc. (RMLX) Announces First Quarter Results for 2011
Roomlinx, Inc., a provider of in-room media, entertainment, and Wi-Fi solutions in hotels, resorts, and time-share properties, has recently announced its 2011 first quarter financial results. The results have reflected continuous increases in revenues and gross profits, along with a contribution of Canadian Communications. Roomlinkx’s revenue for the first quarter of 2011 was reported at $1,423,172, representing a 262% improvement from the first quarter of 2010. This improvement was mainly because of recurring revenue streams and recent property installations of their TV platform, as well as revenue streams obtained through the acquisition of Canadian Communications, which were not present for…