QualityStocksNewsBreaks – Spectrum Global Solutions Inc.’s (SGSI) Bundled Services Approach Drives Growth
Spectrum Global Solutions (OTCQB: SGSI), a leading provider of telecommunications engineering and infrastructure services and solutions, recently reported first quarter 2019 revenues of $11,335,732, demonstrating a sharp increase from $4,327,764 for the same period of the previous year (http://ibn.fm/6G25a). The company attributes the growth to its bundling of services and the lack of qualified services firms in the rising telecommunications market. An article discussing the company reads, “The combined gross profit reported in Q1 from subsidiaries acquired in April 2017, February 2018 and January 2019 was $2,511,567, marking a 22.2 percent gross profit increase. By comparison, in the first quarter…