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Pivot Technology Solutions, Inc.

03:45 PM EST - Pivot Technology Solutions, Inc. : Today published its results for the second quarter ended June 30, 2016. Revenues were $373.7 million, up 4.4% compared to Q2 2015, attributable primarily to strong product sales. Gross profit was up $1.3 million, or 2.9%, to $46.6 million from the same period in the prior year. Adjusted EBITDA* came in at $9.1 million, down 8.0% from Q2 2015. Pivot Technology Solutions, Inc. shares V.PTG are trading down $0.01 at $0.45.