GAWK, Inc. Announces Revenue Results for the Period Three Months and Six Months Ended July 31, 2016
September 22, 2016 at 02:00 pm
Share
GAWK Inc. announced revenue results for the period three months and six months ended July 31, 2016. For the three months ended July 31, 2016, the company reported that its revenues surged to $1,319,429, or 136%, from $558,079 for the same period in 2015, The increase in revenue is primarily related to the business combination of Connexum during the past year and XTELUS during the three months ended July 31, 2016, proving that strategy of organic growth and acquiring competitors who have market share and complimentary assets is correct.
For the six months ended July 31, 2016, the company reported that its revenue leaped 351%, to $2,780,082, from $616,661 for the same six months of 2015.
Gawk, Inc. is a technology services company. The Company is engaged in offering a suite of cloud communications, cloud connectivity, cloud computing, and managed cloud-based applications solutions to small, medium, and large businesses. It provides domestic and international voice services to communications carriers. The Company offers advanced data center and cloud-based services, including fault tolerant, high availability cloud servers, which comprise platform as a service, infrastructure as a service, and a content delivery network; managed network services that converge voice and data applications, structured cabling, wireless, and security services, as well as include Internet access via ethernet or fiber at speeds ranging from 10 megabits per second (Mbps) to 10 gigabits (Gbps), and data center solutions, including cloud services, colocation services, and business continuity services, such as storage and security.