|From: NetworkNewsWire (Rep: 0)||Date: 04/16/2018 18:24|
|Forum: Penny Stocks - Msg #1508 - List ATIXF msgs ||Thread #674003872 (Rec: 0) |
|NetworkNewsBreaks – AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) Announces Financial Results for Fourth Quarter and Full Year 2017|
Artificial intelligence company AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) this morning announced its financial results for the fourth quarter and full year ended December 31, 2017. Among the highlights, the company recorded revenues of more than $4.5 million for the 12-month period, up from $1.07 million in 2016. Per this morning’s update, these fiscal year results mark the strongest in the company’s history. “2017 was a transformational year for the Company, and we are very pleased with our developments,” Prakash Hariharan, president and CEO of AnalytixInsight, stated in the news release. “We continued to strengthen our machine-learning platform and we added customers and content distribution partners for our financial analytics offerings at CapitalCube. We also solidified a second industry application of our machine-learning platform with the acquisition of Euclides Technologies and are now building workflow analytics solutions for this industry. We believe the Company is very well positioned to benefit from the rapidly evolving industry movements to embrace artificial intelligence and machine-learning solutions within business.”
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