Revenue status in 1st Quarter-2019: Inpixon (NASDAQ: INPX)

Inpixon (NASDAQ: INPX) negotiated 341,730 shares against it an average volume of 1,033,057 shares. The stock concluded the recent trade at $0.43 with downbeat trend move of -3.44%. The company has total market value of 6.104M. The company has got a 52-week exceptional price of $20.40 and reached a 52-week lowest of the share price at $0.42. The daily trading range was observed between a day’s low price of $0.43 to a day’s high price of $0.45.

Inpixon (NASDAQ: INPX), recently stated financial results for the first quarter ended March 31, 2019.

Total revenues for the three months ended March 31, 2019 were $1.4M contrast to $849,000 for the comparable period in the previous year for a raise of $551,000, or about 65%. Revenues increased in the first quarter of 2019 over the previous period Because of a raise in our IPA revenues resulting from a raised focus on our IPA product line.

Gross profit for the quarter ended March 31, 2019 was $1.0M, contrast to $584,000 for the comparable period in 2018. The gross profit margin for the three months ended March 31, 2019 was 75% contrast to 69% for the three months ended March 31, 2018. This increase in margin is primarily Because of the increase in higher margin IPA revenue during the three months ended March 31, 2019.

GAAP Net Loss attributable to the stockholders of Inpixon for the three months ended March 31, 2019 was $5.2M contrast to $6.2M for the previous year period. This lower loss of $1.0M was primarily attributable to higher margin IPA revenue and the $1.7M loss from deconsolidated operations of the spin-off of Sysorex during the three months ended March 31, 2018.  GAAP net loss per share for the quarter ended March 31, 2019 was ($1.42), contrast to a net loss per share of ($73.88) for the comparable period in 2018.

Pro-forma non-GAAP net loss per basic and diluted ordinary share for the three months ended March 31, 2019 was ($0.71) contrast to a loss of ($49.45) per share for the previous year period. Non-GAAP net loss per share is defined as net loss per basic and diluted share adjusted for deemed dividends and non-cash items including stock-based compensation, amortization of intangibles and one-time charges including gain or loss on the settlement of obligations,  gain on earn out, acquisition costs, provision for doubtful accounts and the costs associated with public offerings.

Adjusted EBITDA for the three months ended March 31, 2019 was a loss of $2.6M contrast to a loss of $3.4M for the previous year period.

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