Gawk, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 31, 2016
January 17, 2017 at 02:00 pm
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Gawk Inc. reported earnings results for the third quarter and nine months ended October 31, 2016. For the third quarter period, which ended October 30, 2016, the company recorded record revenues of $1,811,716 or an increase of 344% from $526,761 for the same period in 2015 with gross profit increasing by 304% to $590,274 from $194,057 in the same period of 2015.
For the nine months ended October 31, 2016, revenue jumped 402%, to $4,591,798, from $1,143,422 for the same nine months of 2015, and gross profit for the first nine months of 2016 escalated to $1,381,493, or 330%, over the previous year's $418,089.
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.