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BluMetric Announces Profitable Q1 FY2018

Mar 01, 2018 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Corporate Wire Date: 01 March 2018 00:35 EST

ORIGINAL ANNOUNCEMENT [Text]

Canada NewsWire

OTTAWA, Feb. 28, 2018

OTTAWA, Feb. 28, 2018 - BluMetric Environmental Inc. (TSXV: BLM) is pleased to announce revenue of $7.6 million and net income of $101,000 for the first quarter of fiscal 2018, ended December 31, 2017.

Financial Highlights

Revenue for the quarter is $7.6 million, a decrease of 9% compared to $8.3 million for the quar...