SINGAPORE (May 2): Procurri Corporation reported a 75% rise in 1Q19 earnings to $1.75 million from $1 million previously, due to higher revenue and gross profit margin.  

Revenue for the quarter grew 8.7% to $53.8 million from $49.5 million previously, with the Lifecycle Services segment booking a 16.8% increase to $18.1 million due to better performance from North and South America as well as European markets.

Revenue contribution from the IT Distribution business segment grew 5.1% to $35.7 million on the back of higher contributions from the Americas.

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