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Redknee Solutions Inc.

11:45 AM EST - Redknee Solutions Inc. : Reported preliminary financial results for the second quarter of fiscal 2016 ended March 31, 2016. (All figures are in U.S. dollars.) For Q2 2016, the Company expects to report: Revenue of $39.0 million to $41.0 million; Adjusted EBITDA loss of $1.5 to $3.0 million. Redknee Solutions Inc. shares T.RKN are trading down $0.37 at $1.84.