The Traderszone Network

Published in TZ Latest News 17 February, 2017 by The TZ Newswire Staff

LiLAC Group’s 2016 Results: Driven by Acquisitions

LiLAC Group (NASDAQ: LILAK) continues to struggle a bit absorbing the major acquisition of CWC, and failing to experience much subscriber growth. But this is really a time that LiLAC Group is setting up its business for future growth, consolidating its capabilities, and figuring out a broad growth strategy.

The numbers from the fourth quarter are a little skewed by the CWC acquisition, but below I’ll put a bit of context to the raw numbers.

Image source: Getty Images.

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