Business
MoneyOnMobile, Inc. Announces 42% Increase in Consecutive Quarterly Net Revenue
MoneyOnMobile, Inc. Announces 42% Increase in Consecutive Quarterly Net Revenue.
About this update from Moneyonmobile, Inc
[{"type":"text","content":"\n\n\n\nMoneyOnMobile, Inc. Announces 42% Increase in Consecutive Quarterly Net Revenue\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nMoneyOnMobile, Inc. Announces 42% Increase in Consecutive Quarterly Net Revenue\nPR Newswire\nDALLAS and MUMBAI, India, Feb. 22, 2018\n\n\n\nDALLAS and MUMBAI, India, Feb. 22, 2018 /PRNewswire/ -- MoneyOnMobile, Inc. (OTCQB: MOMT) announced the unaudited financial results of the company's Q3-FY2018 during a conference call and webcast on Wednesday, February 21st, 2018 which included the following highlights:\n\n\n42% increase in consecutive quarterly net revenue growth (Q2-FY18 to Q3-FY18)\n193% increase in quarterly year-over-year net revenue growth\n210% increase in monthly net revenue growth from January 2017 to December 2017\n\n \n \n\n \nTo view a recording of the presentation and/or read the transcript visit: http://bit.ly/MOMTQ318Results  \n\nAbout MoneyOnMobile, Inc.\n\nMoneyOnMobile, Inc. is an India focused mobile payments technology and processing company offering mobile payment services. MoneyOnMobile enables Indian consumers to use mobile phones to pay for goods and services or transfer funds from one cell phone to another. It can be used as simple SMS text functionality or through the MoneyOnMobile application or internet site. MoneyOnMobile has more than 350,000 retail locations throughout India. \n\nSafe Harbor Statement\n\nThis release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on July 6, 2017. Forward-looking statements include statements regarding our expectations, b...