Accelerize Inc. Reports Financial Results for the First Quarter of 2017

Accelerize Inc. Reports Financial Results for the First Quarter of 2017

NEWPORT BEACH, CA — (Marketwired) — 05/09/17 — Accelerize Inc. (OTCQB: ACLZ) (OTCBB: ACLZ)Software licensing revenue in Q1 2017 rose 12% to $4.9 million with total revenue reaching $6 millionCompany achieved operating income of $226K in Q1 2017 compared to an operating loss of ($380K) in Q1 2016Net loss in Q1 2017 narrowed to ($55K) compared to a net loss of ($583K) in Q1 2016Adjusted EBITDA rose to $590K, a 75% increase compared to adjusted EBITDA of $337K in Q1 2016Inc. (OTCQB: ACLZ) (OTCB

Accelerize Inc. Reports Record Full Year 2016 Revenue of $23.8 Million With Monthly Recurring License Fees Increasing 25% Year-Over-Year

Accelerize Inc. Reports Record Full Year 2016 Revenue of $23.8 Million With Monthly Recurring License Fees Increasing 25% Year-Over-Year

Net loss narrows by $2.4 million to ($3.8 million) while full year Adjusted EBITDA reached ($0.4 million) Excluding a one-time litigation settlement expense of $2.2 million, full year Adjusted EBITDA reached $1.8 million Company continued migration to recurring software licensing revenue and focus on technology innovations to its enterprise platform to enable expansion into larger end markets