Hammer Fiber Optics Holdings Corp Announces Fiscal Year Ended July 31 2022 and First Quarter Financial Results streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
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Hammer Fiber Optics Holdings Corp Announces Third Quarter Results and Improves Operating Results
NEW YORK, June 09, 2021 (GLOBE NEWSWIRE) Hammer Fiber Optics Holdings Corp (OTCQB: HMMR)Â announced operating and financial results for the third quarter ended April 30, 2021, substantially improving its operating results, and completing several milestones in its telecommunications segment.
Key results include:
Total revenues for the quarter were $611,237 a 20.12% increase from the quarter ended January 31, 2021, and a 57.17% increase over the quarter ended April 30, 2020, the same period in the prior year. The increase was due to very strong performance in the OTT (âOver the Topâ) market segment which includes its SMS messaging practice, wholesale voice as well as the hosting business.