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Teligent files Q3 report; shares up 30%

Dec. 12, 2018 1:16 PM ETTeligent, Inc. (TLGTQ) StockBy: Douglas W. House, SA News Editor
  • Thinly traded nano cap Teligent (TLGT +30.4%) is up more than double normal volume following the filing of its 10-Q for Q3. The company was late with the submission due to the transition to a new auditor.
  • Revenue was up 62% to $18.3M with a net loss was ($3.9M) but the restated report specifies revenues of $16.2M (-1%) and net loss of ($13.1M).

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Teligent, Inc.