{"id":456798,"date":"2021-03-12T08:51:28","date_gmt":"2021-03-12T13:51:28","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=456798"},"modified":"2021-03-12T08:51:28","modified_gmt":"2021-03-12T13:51:28","slug":"pareteum-announces-full-year-2019-financial-results-with-revenues-of-62m-an-increase-of-42m","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pareteum-announces-full-year-2019-financial-results-with-revenues-of-62m-an-increase-of-42m\/","title":{"rendered":"Pareteum Announces Full Year 2019 Financial Results with Revenues of $62M, an Increase of $42M"},"content":{"rendered":"
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Another milestone completed in returning to a normal cadence of public company reporting<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

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\n NEW YORK<\/span>, March 12, 2021<\/span> \/PRNewswire\/ — Pareteum Corporation<\/b> (OTC Pink Open Market: TEUM), \u00a0a global cloud platform-as-a-service (CPaaS) company, achieved another significant milestone today with the announcement of its full-year 2019 financial results and restated first and second quarter financial results for 2019. The Company expects to release its 2019 annual report on Form 10-K and interim periods included therein later today. The Company expects to complete the process and file full-year 2020 financial information soon by becoming fully current with respect to the filing of its quarterly and annual financial results. Pareteum’s Board of Directors and executive management have instituted significant changes to reconstitute the company to position for future growth and value creation. <\/p>\n

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“With our 2019 results completed, we are now fully focused on filing 2020 full-year and quarterly results followed by the cadence of regular quarterly reporting for 2021,” said Bart Weijermars, Pareteum’s interim CEO. “Our management team and the Board have worked diligently to bring the Company back into compliance while improving internal controls, upgrading talent within the organization and positioning the business for future growth. Pareteum’s technology and broad group of network connectivity partners position us well to take advantage of industry growth trends going forward. Entering 2021, we see tremendous opportunity ahead as our platform is uniquely able to support digital transformation and the large and growing sectors in need of mobile platforms, device management and connectivity.”<\/p>\n

\n Full-Year 2019 Financial Results:<\/b>\n <\/p>\n