Wednesday, August 28, 2013

rVue Holdings, Inc., 1st Quarter 2013 Financial Results (OTCMKTS:RVUE)

rvue

rVue Holdings, Inc. (RVUE)

Today, RVUE remains (0.00%) +0.000 at $.14 thus far (ref. google finance Delayed: 11:58AM EDT August 28, 2013).

rVue Holdings, Inc. previously reported its financial results for the quarter ended March, 31 2013.

Summary Results for First Quarter of 2013: Total revenue was $137.5K for the first fiscal quarter of 2013; up slightly from $131.5K the prior year.
Core Revenue: This is the focus of our business and source of future growth. Core revenue for the quarter ended March 31, 2013 was $79.3K up sharply (+63K) over Q1 2012 when it was $16.3K. Non-Core Revenue: For the quarters ended March 31, 2013 and 2012 were $58.2K and $115.2K, respectively. As stated earlier, the decline was due to the end of a management relationship with Auto Nation. This downward trend in non-core revenue is expected to continue through 2013 as we focus more resources on core business efforts. In addition, the Mattress Firm merged with Mattress Giant and we respectfully agreed not to renew for 2013.

rVue Holdings, Inc. (RVUE) 5 day chart:

rvuechart

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