BOCA RATON, Fla., Feb. 1, 2013 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. (OTC:GGHOD), an end-to-end solution provider of cloud and managed service based platforms, professional services, applications and infrastructure to the telecommunications industry, announced that Ludlow Research has issued a research opinion on the company. Ludlow Research issued their opinion based on the company's recent filings that report a pro forma estimated $40 million plus in trailing twelve month revenues, but low market cap valuation of only around $5 million. With current customers, such as Ericsson Inc., Verizon Communications Inc., Alcatel-Lucent USA Inc., Century Link, Inc., AT&T Inc., Hotwire Communications, Ludlow Research made note that the company looks to be trading well below 1 times revenues. Report Highlights - Agreements with Major Telecom Providers - $40 Million+ in Revenues - Market Cap around $5 Million To view the full report, and access risks, disclosers, and potential outlook visit http://www.wallstreetnewscast.com/profile/gghod.html
Ludlow Research Issues Opinion On InterCloud Systems Based On Current Valuation
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