Fusion Telecommunications (FSNN) Reports Q1 Loss of $0.30

Fusion Telecommunications (NASDAQ: FSNN) reported Q1 EPS of ($0.30), versus ($0.49) reported last year. Revenue for the quarter came in at $33.2 million, versus $25.3 million reported last year.

Adjusted EBITDA was $2.8 million during the first quarter of 2016, an 11% increase compared to Adjusted EBITDA of $2.5 million reported in the first quarter 2015.

At March 31, 2016, the Company's consolidated cash balance was $5.9 million, versus $7.5 million at December 31, 2015. Working capital at March 31, 2016 was approximately $0.9 million, as compared to working capital of $1.7 million at December 31, 2015.

For earnings history and earnings-related data on Fusion Telecommunications (FSNN) click here.

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