Wednesday, March 29, 2017

Pareteum Reports Annual 2016 Financial Results


NEW YORK, TEUM /PRNewswire/ Pareteum Corporation (NYSE MKT: TEUM) ( Pareteum or the Company ),a leading communications technology provider to global Mobile, MVNO, Enterprise and IoT markets, today announced financial results for the year ended December 31, 2016. https://mma.prnewswire.com/media/435599/Pareteum_Logo.jpg Highlights and achievements in 2016 and to-date: Improved to positive adjusted EBITDA of $110K in Q416 from negative adjusted EBITDA of $3.1 million in Q415 (adjustments to EBITDA include elements of nonrecurring expenditures, restructuring charges, stock based compensation, software development and non-cash
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