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Technology / AI and automation

COMPANY RESULT: CMG INFORMATION SERVICES INC

CMG Information Services Inc has reported second quarter net profits up at $666,000 against losses of $2.6m reported last time, including a 15.1m profit on the sale of a subsidiary company, on revenue up 209.5% at $18.9m; mid-term net losses were $6.7m from profits of $15.5m last time includimg a $3.6m gain on the sale of investment in affiliate, on revenue up 147.4% at $29.5m. Net earnings per share rose to $0.07 in the quarter.

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CBR Staff Writer

CBR Online legacy content.