NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Reports Q1 2019 Financial Results, Provides Business Update

Global technology and value-added solutions group Net Element (NASDAQ: NETE) on Wednesday released its financial results for the first quarter ended March 31, 2019 and provided a business update. Net Element also hosted a conference call and webcast on May 16, 2019 to discuss first quarter 2019 financial results and business highlights, and a recorded replay of the webcast is available on the company’s website. “We are pleased with our first quarter results and ongoing progress our team has made to improve gross margins through use of scalable infrastructure and penetration of value-added technologies,” Net Element CEO Oleg Firer said in the news release. “We remain focused on reaching profitability as we continue to scale our business in the selected markets.”

To view the full press release, visit http://nnw.fm/pYpG1

About Net Element Inc.

Net Element (NASDAQ: NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the United States and selected emerging markets. In the U.S., the company aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, the company’s cloud-based, restaurant and retail point-of-sale solution. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest-growing companies in North America on Deloitte’s 2017 and 2018 Technology Fast 500. In 2017, Net Element was recognized by South Florida Business Journal as one of 2016’s fastest-growing technology companies. Further information is available at www.NetElement.com.

NOTE TO INVESTORS: The latest news and updates relating to NETE are available in the company’s newsroom at http://nnw.fm/NETE

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive instant SMS alerts, text STOCKS to 77948

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Related News

Cowboys' Elliott won't face criminal charge in Vegas scuffle

Aug 21, 2019

LAS VEGAS — Dallas Cowboys star running back Ezekiel Elliott won't face criminal charges after scuffling with a music festival security guard in Las Vegas. Prosecutor Steve Wolfson said Tuesday the findings of a police investigation "lacked prosecutorial merit." The NFL said last month that Elliott didn't violate league personal conduct rules and wouldn't face suspension. Elliott was handcuffed but not arrested after police said he pushed a security guard to the ground at the event last May at Las Vegas Motor Speedway. Cellphone video obtained by celebrity website TMZ showed an event staffer stumbling over a parking barrier after...

Patriots place Gordon on non-football injury list

Aug 21, 2019

FOXBOROUGH, Mass. — The New England Patriots have placed receiver Josh Gordon on the non-football injury list while he gets back into shape following his suspension. The move comes after the NFL conditionally lifted the suspension, saying Gordon could participate in team meetings, conditioning and individual workouts. Gordon made two brief appearances in the Patriots' locker room before practice Monday but said he did not have time to talk to reporters. Gordon was suspended indefinitely in December for violations of the league's substance abuse policy. He had also been suspended in 2012, and he missed the entire 2015 and '16...

Hill rallies Saints to 19-17 victory over Chargers

Aug 21, 2019

CARSON, Calif. — Taysom Hill had 191 yards of offense and directed three second-half scoring drives to help the New Orleans Saints rally for a 19-17 exhibition victory over the Los Angeles Chargers on Sunday. In a game where Philip Rivers and Drew Brees were sideline observers, Hill supplied most of the quarterback highlights. The third-year, all-purpose player was 11 of 15 for 136 yards and a pair of touchdowns and ran for 55 yards. New Orleans trailed 17-3 at halftime. Hill threw a 27-yard TD pass to Austin Carr with 3:10 remaining in the third quarter to bring the...

Dreadful heat, humidity to invade South as misery continues

Aug 21, 2019

ATLANTA — Most of the South — from Texas to parts of South Carolina — was under heat advisories and warnings as temperatures would feel as high as 117 degrees (47 Celsius), forecasters said. The most intense heat Tuesday was expected in Mississippi, Arkansas, Louisiana, and Alabama; and in areas near Memphis, Tennessee. The warnings come one day after the temperature and humidity combined for a Monday heat index of 121 degrees (49.4 Celsius) in Clarksdale, Mississippi. It was only a few degrees cooler in West Memphis, Arkansas. By noon Tuesday, the heat index was already 117 degrees (47 Celsius)...

Antonio Brown from head to toe on PodcastOne Sports Now

Aug 21, 2019

Antonio Brown has issues from head to toe, and the AP's Josh Dubow talks about how the Oakland Raiders are dealing with them as the team and its new wide receiver try to find common ground in training camp. Dubow joins PodcastOne Sports Now to talk about the Brown saga, and the prospects for the Raiders this year. He tells co-hosts Jim Litke and Tim Dahlberg that the team has issues in several areas, especially on defense, and that the jury is still out on Derek Carr as a possible Super Bowl-winning quarterback. Also joining the show is USA Today...

Broaden News

Replay Wall delivers the most accurate sports news to you with experts’ voice. We aim to bring every sports fan together here even if you’ve missed the game.

Contact us: sales@replaywall.com

Bowl Championship Series Professional Football Arena Football CFL Football NFL Football Youth Football Press Releases Broaden News