MRA Research Continues Coverage of Rightscorp: Continued Momentum Coming off Triple Digit Revenue Growth in Latest Quarter Issued by Small Cap IR
NEW YORK, Dec. 10, 2014 /PRNewswire/ -- Analyst Report Issued by Small Cap IR -- Rightscorp, Inc. (OTCQB: RIHT) has announced a number of positive developments since our last update that we believe demonstrate building traction and validation of our positive view on the stock. On November 14 the Company Delivered 282% year-over-year revenue growth suggesting strong traction and uptake for RIHT technology that bodes well for upcoming quarters.
In addition to the all-important quarterly revenue number the earnings release provided several metrics that further support the bullish tone and outlook of management. Revenue for the 9 months YTD rose by 313% for the nine months ended September 30, 2014 compared with the same period of 2013. Revenues for first nine months 2014 have already significantly exceeded full year 2013.
The analyst report discusses in more detail the current fundamental and technical factors that are developing to drive the stock going forward. Company overview, products, market and competition breakdown, recent events, outlook, analyst summary and recommendation are also included in the report. There is no cost obligation required to view this report:
http://bit.ly/-RIHT-AnalystReport
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/mra-research-continues-coverage-of-rightscorp-continued-momentum-coming-off-triple-digit-revenue-growth-in-latest-quarter-issued-by-small-cap-ir-300007409.html
SOURCE Small Cap IR
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