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Posted On: 08/18/2017 1:46:49 PM
Post# of 18320
Financial highlights include:
Revenue for the first six-months of 2017 increased 20% over the second half of 2016
Gross margin continued to improve, increasing to 39% for the quarter ended June 30, 2017, up from 35% for the first quarter of 2017, and 32% for the quarter ended December 31, 2016
Operating loss for the first six-months of 2017 improved by 37% and cash flow from operations improved 31% over the second half of 2016
Sales of the Caregiver non-contact thermometer for the quarter ended June 30, 2017 increased 82% from the quarter ended March 31, 2017, and 121% from the quarter ended June 30, 2016, as reported in the Companys Form 10-Q
E-N-G Mobile Systems (ENG) bookings for the first half of 2017 increased 158% to $2.4 million from the first half of 2016, as reported by the Company on July 26, 2017
Company expects full year 2017 revenue to exceed 2016 revenue of $5.6 million
Revenue for the first six-months of 2017 increased 20% over the second half of 2016
Gross margin continued to improve, increasing to 39% for the quarter ended June 30, 2017, up from 35% for the first quarter of 2017, and 32% for the quarter ended December 31, 2016
Operating loss for the first six-months of 2017 improved by 37% and cash flow from operations improved 31% over the second half of 2016
Sales of the Caregiver non-contact thermometer for the quarter ended June 30, 2017 increased 82% from the quarter ended March 31, 2017, and 121% from the quarter ended June 30, 2016, as reported in the Companys Form 10-Q
E-N-G Mobile Systems (ENG) bookings for the first half of 2017 increased 158% to $2.4 million from the first half of 2016, as reported by the Company on July 26, 2017
Company expects full year 2017 revenue to exceed 2016 revenue of $5.6 million
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