SinglePoint Announces 2023 Q2 Financial Results with a 79% Increase in Revenue to $8.14 Million
PHOENIX, Aug. 16, 2023 /PRNewswire/ -- SinglePoint Inc. (OTCQB:SINGD), (the Company), a provider in renewable energy, energy supply and air purification, announced operating results for the period ending June 30th 2023. On August 16th 2023, the 20 day period will conclude and the stock symbol will revert to SING. In the intervening period during the corporation action there has been incorrect information across multiple platforms leading to confusion and believed trading anomalies or inefficiencies. Shareholders should rely on the information published in the quarterly financials.
- During the second quarter, SinglePoint added additional resources to help improve the results of our indoor air quality opportunities, specifically in regard to the $5 million GAN award in California.
- The results have been promising and directly attributable to the efforts of our EVP of Revenue, Jason Lally.
- Ralston continued, "Our six month revenue exceeded $13 million, trailing 12 months has exceeding $29 million and our businesses continue to grow backlog and pipeline.
- As of June 23, 2023, Nasdaq has processed 164 reverse stock splits, and projects significantly more throughout 2023."