May 31, 2017 / 3:08 AM / 5 months ago

BRIEF-Snipp Interactive reports revenue for Q1 of $2.5 mln

May 30 (Reuters) - Snipp Interactive Inc

* Snipp Interactive reports Q1-2017 financial results

* Revenue for Q1 2017 of $2.5 million grew 18% when compared to revenue of $2.1 million for Q1 2016

* Gross margins improved 1% from 75% for Q1 2016 to 76% in Q1 2017

* On March 31, 2017, bookings backlog rose to over US$5.4 million, a 29% increase, bookings backlog at March 31, 2016 was US$5.2 million Source text for Eikon: Further company coverage:

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