NEW YORK, Oct. 27, 2021 (GLOBE NEWSWIRE) — Logiq Inc. (NEO:LGIQ)(OTCQX:LGIQ), a global provider of award-winning consumer acquisition solutions, reported preliminary results for the third quarter ended September 30, 2021.
The company expects revenue for the third quarter to exceed $7.7 million, up approximately 10% from the same year-ago quarter.
Gross margin is expected to expand to more than 29.0%, nearly doubling from 15.8% in the same year-ago quarter.
“Our strong year-over-year performance reflects the continued transformation of our business that is now focused on higher margin, higher quality revenue streams,” stated ...
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Logiq Sees Q3 2021 Revenue Exceeding $7.7 Million, up ~10%, with Gross Margins Nearly Doubling to More than 29.0%