MMRGlobal, Inc. Reports Revenue Results for the Third Quarter and Earnings Results for the Nine Months Ended September 30, 2014
November 13, 2014 at 08:22 am EST
MMRGlobal, Inc. reported earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company announced a 1,584% increase in revenues, as compared to the third quarter of 2013. During the quarter, the company recorded revenues of $1,896,271. The company's quarterly revenues were driven by licensing and other sources and represent the high quarter in MMR's history.
For the nine months, the company reported revenues of $2,437,095 as compared to $535,146 for the same period last year, an increase of 355.4%. Net cash provided by operating activities was $226,382, compared to net cash used of $2,174,399 in the similar period in 2013.