ShiftPixy (PIXY) Reports Q2 Loss of $0.09/Share

ShiftPixy (NASDAQ: PIXY) reported Q2 EPS of ($0.09), versus ($0.04) reported last year. Revenue for the quarter came in at $7.89 million, versus $5.4 million reported last year.

• Gross billings grew 58.1% to $48.6 million, compared to $30.8 million for the 2017 second quarter; gross billings increased 20.9% sequentially from $40.2 million in the prior quarter.

Fiscal 2018 Third Quarter Guidance

The Company currently expects gross billings for fiscal third quarter 2018 to be in the range of $50 million to $60 million, which at the midpoint would represent a sequential increase of 13% over the fiscal second quarter 2018.

For earnings history and earnings-related data on ShiftPixy (PIXY) click here.

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