Questor Technology Inc.

01:24 PM EST - Questor Technology Inc. : Announced its financial and operating results for the second quarter of 2017. Revenue in the second quarter of 2017 was $3.9 million, an increase of $3.2 million from the same period in 2016. Second quarter adjusted EBITDA was $1.6 million which is an increase of $2.2 million over the comparable period in 2016. The Company recorded net income of $1 million, $0.04 per share, in the second quarter of 2017, compared to a net loss of $0.6 million, ($0.02 per share), recorded in the same period in 2016. Revenue for the six months ended June 30, 2017 was $7.0 million versus $2.9 million in 2016, for an increase of $4.1 million. Questor Technology Inc. shares V.QST are trading up 35 cents at $1.50.