EZTrader Parent Considers Listing on NASDAQ Despite Threefold Loss in Q2
Posted: Mon Aug 15, 2016 11:21 am
Binary options brokerage EZTD Inc (OTCMKTS:EZTD) has reported its financial results for the second quarter ending June 30, 2016, which yielded a much lower performance over a yearly timeframe, attributed mainly to a significant increase in withdrawals of customers as a result of new regulations imposed by the Cypriot regulator.
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For Q2 2016, the net loss at EZTD increased almost threefold to $4.935 million – or $0.99 per share – compared to a net loss of $1.285 million – $0.41 a share – for the three ... (read more)