Pioneering Technology Corp. reported unaudited earnings results for the third quarter and nine months ended June 30, 2017. For the quarter, the company reported revenue of $2,567,510 against $1,623,759 a year ago. Income from operations was $563,768 or $0.01 per share against $310,573 or $0.01 per share a year ago. Total comprehensive income was $1,163,675 or $0.03 per share against $240,601 or $0.01 per share a year ago. Adjusted EBITDA was $374,512 against $499,014 a year ago.

For the nine months, the company reported revenue of $7,204,028 against $4,216,964 a year ago. Income from operations was $1,844,903 or $0.04 per share against $735,603 or $0.03 per share a year ago. Total comprehensive income was $57,435 or $0.00 per share against $516,970 or $0.02 per share a year ago. Adjusted EBITDA was $1,709,706 against $1,071,154 a year ago.

The company continues to grow business profitably. The company ahead of plan year-to-date and believe forecast of 50% revenue growth in 2017 is achievable. The company expects to deliver continued growth and shareholder value.