07:33 AM EDT, 08/16/2024 (MT Newswires) -- Martello Technologies Group ( DRKOF ) , which provide user experience management solutions for Microsoft Teams and Mitel unified communications, said overnight Thursday that its total comprehensive loss narrowed in the first quarter to $1.1 million from $1.2 million in the year-ago quarter.

Sales for the three months ended June 30 fell to $3.8 million from $4 million while the adjusted EBITDA loss narrowed to $192,000 from a loss of $201,000.

"Businesses are investing significantly in premium Microsoft services such as Copilot, Teams Rooms and Teams Phone," Martello ( DRKOF ) Chairman Terence Matthews said. "It's absolutely critical that they provide an exceptional experience and high uptime for users."

On Thursday, the company's share price closed at a 52-week of $0.01.