09:47 AM EST - UGE International Ltd. : Reported its financial results for the three months ended March 31, 2017. UGE reports all amounts in U.S. dollars. Revenue for the quarter grew 903% to $5.5 million, the highest in UGE's history, while selling, general and administrative expenses grew just 6%. UGE generated positive cash flow from operations of $0.7 million in the quarter, and used the cash generated to repay debt, lowering future finance costs. As a result, UGE recorded its smallest quarterly net loss in the past three years, at $0.4 million. UGE International Ltd.
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