CellPoint Inc. Files Third Quarter Results
CellPoint Inc. Files Third Quarter Results; Announces Financial Calendar for 2001/2 London, May 16 - CellPoint Inc. (Nasdaq: CLPT) has filed the Company's unaudited financial results for the fiscal third quarter ended March 31, 2001. Revenues were $2,463,294 for the quarter and $4,388,301 for the nine months ended March 31, 2001. Revenues grew 2.5 times faster than operating expenses and increased 828% over the same time last year and 160% over the previous quarter. During the quarter, the Company focused on keeping operating expenses under control; this together with the increased sales