ShiftPixy (PIXY) Reports Prelim. Q3 Revenue of $9.4M

ShiftPixy, Inc. (NASDAQ: PIXY), a disruptive workforce engagement platform provider, expects to provide a new date for its quarterly earnings release as soon as possible. For the third quarter of fiscal 2018, the company expects to report that gross billings more than doubled to $60.2 million, compared to $27.5 million for the 2017 third quarter, that revenues increased 102.6% to $9.4 million, compared to $4.6 million for the third quarter of 2017, that gross profit was $1.5 million versus $0.6 million in the prior year period, and that net loss per share was 6 cents during the quarter, an improvement over the net loss of 11 cents in the prior year period.

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