-=Pareteum (TEUM) reported earnings on Tue 12 March 19 (a/h)

Pareteum up 18% after beating Q4 ests and guiding FY19 revenue in-line

• Q4 non-GAAP EPS $0.02 vs. $0.01 consensus; rev +256% to $14.3 million vs. $13.4 mln consensus, including the Artilium acquisition. Adjusted EBITDA increased 82% to $2.34 million. In December of 2018, Global Software Defined Cloud (GSDC) revenue was 51% of total revenue, with 35% in Managed Services (MSP) revenues, and Super API of 14%
• Sees FY19 rev +225-260% to $105-115 mln vs. $109 mln single est; with positive adjusted EBITDA and cash flow.
• 36-month Contractual Revenue Backlog quadrupled to $615 million for the full year 2018

At two-year highs after beating estimates for Q4 EPS on revs that rose +256% year/year to $14.3 mln, inclusive of the Artilium acquisition; Global Software Defined Cloud made up 51% of total revenue in December. Co is excited about opportunities ahead amid strong industry dynamics; its 36-month Contractual Revenue Backlog quadrupled to $615 mln for FY18, providing co with visibility into future revenue. Co sees FY19 revs in-line with estimates, with positive adj. EBITDA and cash flow.