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Pivot Technology Solutions, Inc.

03:37 PM EST - Pivot Technology Solutions, Inc. : published its results for the second quarter ended June 30, 2013. Highlights: Sequential revenue growth of 26.5% compared to Q1 2013. Year-over-year, revenue fell by 31.4% to $321.7 million.Adjusted EBITDA was $7.8 million, down 37.0% from the same quarter last year and up 129.4% from Q1 2013. Consolidated net income for the period was $0.7 million, as compared to a $4.3 million net loss for the same period in 2012 and a net loss of $4.8 million for Q1 2013. Pivot Technology Solutions, Inc.
shares V.PTG are trading down $0.005 at $0.16.