wirelessroIf  you watch RNIN, you were pleasantly surprised to see that the Company has achieved revenue growth of 69% in 2Q 2013.  As that news comes out as the trade day starts (earlier, of course), the stock surged up and has held most of that gain. We saw it peak as high as 36%

Here’s that news release:

Wireless Ronin Achieves 69% Revenue Growth in Second Quarter 2013

Wireless Ronin Technologies, Inc. (OTCQB: RNIN), a leading digital marketing technologies solutions provider, reported financial results for the second quarter ended June 30, 2013.

Q2 2013 Financial Highlights vs. Same Year-Ago Quarter
  • Achieved company’s first positive non-GAAP operating income quarter (net loss down to record low $76,000)
  • Revenue up 69% to $2.6 million
  • Gross margin increased 860 basis point to a record 69%
  • Gross profit up 92% to record $1.8 million

UP NEXT: Q2 2013 HIGHLIGHTS