Net Element Q1 EPS $0.05 Up From $(0.33) YoY, Sales $23.79M Up From $15.84M YoY

Net Element (NASDAQ:NETE) reported quarterly earnings of $0.05 per share. This is a 115.15 percent increase over losses of $(0.33) per share from the same period last year. The company reported $23.79 million in sales this quarter. This is a 50.16 percent increase over sales of $15.84 million the same period last year.