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Tuesday, May 9, 2017

CreditRiskMonitor Announces 1Q Results

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VALLEY COTTAGE, NY–(Marketwired – May 9, 2017) –  CreditRiskMonitor (OTCQX: CRMZ) reported that for the 3 months ended March 31, 2017 revenues increased 4% to $3.24 million compared to $3.12 million in last year’s first quarter. Net loss for the quarter was approximately $244,300 compared to a net loss of approximately $90,300 in the prior year period. Cash and cash equivalents decreased approximately $378,900 since 2016 year-end, to $8.84 million, and was down $39,000 from the balance at March 31, 2016.

May 09, 2017 at 09:02PM

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