MoneyOnMobile, Inc. Announces Five Straight Months of Revenue Growth
DALLAS and MUMBAI, India, Aug. 17, 2017 /PRNewswire/ — MoneyOnMobile, Inc. (OTCQX: MOMT) announced during the company’s Q1-2018 earnings presentation it had achieved five straight months of positive revenue growth. This growth was driven, primarily, by the MOM ATM and domestic transfer business lines.
To view the earnings presentation deck and call transcript, visit http://investors.moneyonmobile.in/investor_relations/presentations/ and view the Q1-2018 Earnings Presentation documents.
About MoneyOnMobile, Inc.
MoneyOnMobile, Inc. is a global mobile payments technology and processing company offering mobile payment services through its Indian subsidiary. 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 335,000 retail locations throughout India.
Safe Harbor Statement
This 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, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” and “would” or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
Other POS News:
- REVTECH To Host “Tech Trends in Grocery” on Aug. 24 in Dallas
- AccuStore Scorecards Up For CSP Retailer Choice Best New Product
- DNP Showcases Photo Printing Solutions for Retail Industry at NACDS Total Store Expo 2017
- APG Cash Drawer Invests in New Automation Technology at its European plant
- Amazon Prime Day 2017: The Inside Story on Consumer Sentiment
- PurCotton Teams with Oracle Retail to Support Aggressive Annual Growth
- 7 AI-Powered Virtual Agent Now Available for both Speech and Digital Channels