Passur Aerospace (PSSR) 3.6500 $PSSR
PASSUR has Contracted and Installed its New Surface Management System, Including PASSUR Surface Surveillance Technology, at Three Airports, and is Under Contract for Three Additional Installations
PR Newswire - Thu Apr 14, 7:36AM CDT
PASSUR Aerospace, Inc. (OTC: PSSR), an aviation business intelligence, big data, and software solutions company, announced that it has contracted and installed its Surface Management System, including PASSUR Surface Multilateration "SMLAT" surveillance technology, at three airports, and is under contract for three additional installations of its Surface Management System.
PASSUR Selected by Austin-Bergstrom International Airport in Austin, Texas to Automate Landing Fee Program
PR Newswire - Tue Apr 05, 8:00AM CDT
PASSUR Aerospace, Inc. (OTC: PSSR), an aviation business intelligence, big data, and software solutions company, announced that Austin-Bergstrom International Airport, in Austin, Texas, has contracted for PASSUR's Landing Fee Management program. The program creates complete, accurate, and transparent reporting and billing of aviation usage fees to ensure all operators are paying only their fair share, all billable weight is being captured, and unit landing fees are kept at their lowest possible level.
PASSUR Announces Six Additional Airports Have Signed Contracts to Join Its Connectivity Network
PR Newswire - Wed Mar 16, 7:40AM CDT
PASSUR® Aerospace, Inc. (OTC: PSSR), a business intelligence, predictive analytics, and big data company, announced that an additional six airports have contracted to join the PASSUR Connectivity and Collaboration network, which provides close coordination and information sharing between airlines and airports, used to manage complex or disrupted operations and to reduce costs and passenger disruptions. The six airports are Ted Stevens Anchorage International (ANC), Reagan Washington National (DCA), Cleveland Hopkins International (CLE), Fairbanks International (FAI), Fort Lauderdale-Hollywood International (FLL), and Tampa International (TPA).
PASSUR® Aerospace Reports 24% Revenue Increase For First Three Months Of Fiscal Year 2016
PR Newswire - Fri Mar 11, 7:05AM CST
PASSUR® Aerospace, Inc. (OTC: PSSR), a business intelligence, predictive analytics, and big data company, announced that revenue increased 24% to $3,435,000 for the three months ended January 31, 2016, compared to $2,764,000 for the same period in fiscal year 2015. Net income was $25,000, or $0.00 per diluted share, for the for the three months ended January 31 2016, compared to $141,000, or $0.02 per diluted share, for the same period in fiscal year 2015.
PASSUR® Aerospace Reports 9% Increase in Revenue for Fiscal Year 2015
PR Newswire - Fri Jan 22, 6:46AM CST
PASSUR® Aerospace, Inc. (OTC: PSSR), a business intelligence, predictive analytics, and big data company, announced that revenue for the fiscal year ended October 31, 2015 increased 9% to $12,538,000, compared to $11,490,000 for the prior fiscal year. Net income was $279,000, or $0.04 per diluted share, in fiscal year 2015, compared to $348,000, or $0.04 per diluted share, in the prior fiscal year. The company also increased its number of employees by 19%.
PASSUR Selected by RTCA to Create Aviation Industry Performance Tracking and Analysis Dashboard
PR Newswire - Tue Jan 05, 7:30AM CST
PASSUR Aerospace, Inc. (OTC: PSSR), an aviation business intelligence, big data, and software solutions company announced that RTCA has selected PASSUR Aerospace to create the first industry dashboard for reporting on and analyzing air transportation system performance improvements attributable to the deployment of key NextGen capabilities. The dashboard capability will support the FAA-Industry Joint Analysis Team of the NextGen Advisory Committee (NAC).
PASSUR Aerospace Announces the Establishment of Unmanned Aerial System and Drone Traffic Management Integration Service
PR Newswire - Thu Dec 17, 7:30AM CST
PASSUR Aerospace, Inc. (OTC: PSSR), an aviation business intelligence, big data, and software solutions company, announced the establishment of an Unmanned Aerial System (UAS) - Drone Traffic Management Integration service.
Leo Prusak Joins PASSUR as Vice President of Air Traffic Management Products and Strategy
PR Newswire - Fri Oct 30, 7:30AM CDT
PASSUR Aerospace, Inc. (OTC: PSSR), an aviation business intelligence, big data, and software solutions company, announced the appointment of Leo Prusak as Vice President of Air Traffic Management Products and Strategy.
PASSUR® Aerospace Reports 13% Increase in Third Quarter Revenue and an 8% Increase in Revenue for the Nine Months Ended July 31, 2015
PR Newswire - Mon Sep 14, 7:38AM CDT
PASSUR® Aerospace, Inc. (OTC: PSSR), an aviation business intelligence, big data, and software solutions company reported total revenue for the quarter ended July 31, 2015 increased 13% to $3,244,000, compared to $2,865,000 for the same period in fiscal year 2014, primarily as a result of two major multi-year contracts signed during the year. For the three months ended July 31, 2015, income from operations was $91,000 compared to $224,000 in the same period of the previous fiscal year, a decrease of 59% from the prior year. Starting in April, in anticipation of new revenue opportunities, the company has made further investments in infrastructure by hiring a Chief Technology Officer, a Chief Financial Officer, as well as additional software developers, which resulted in over $400,000 of higher expenses for the quarter. For the three months ended July 31, 2015, net income was $22,000, or $0.00 per diluted share, compared to $129,000, or $0.02 per diluted share, in the same period in fiscal year 2014.
PASSUR Hires Chief Financial Officer, David M. Henderson
PR Newswire - Thu Aug 20, 7:30AM CDT
PASSUR Aerospace, Inc. (OTC: PSSR), an aviation business intelligence, big data, and software solutions company announced the appointment of David M. Henderson as Chief Financial Officer.
PASSUR Hires Chief Technology Officer, David Brukman
PR Newswire - Mon Jun 29, 7:30AM CDT
PASSUR® Aerospace, Inc (OTC: PSSR), an aviation business intelligence, big data, and software solutions company announced the appointment of David Brukman as Chief Technology Officer, a new position for the company. Mr. Brukman will lead and shape PASSUR's technology strategy as the Company continues to invest in creating the leading aviation intelligence platform focused on reducing the $30 billion in global delay, diversion and cancellation costs.
PASSUR® Aerospace Reports 90% Increase in Income from Operations on 15% Revenue Increase for the Three months Ended April 30, 2015
PR Newswire - Mon Jun 15, 7:45AM CDT
PASSUR® Aerospace, Inc. (OTC: PSSR), an aviation business intelligence, big data, software and solutions company reported total revenue for the quarter ended April 30, 2015 increased 15% to $3,221,000, compared to $2,813,000 for the same period in fiscal year 2014, primarily as a result of two major multi-year contracts signed during the quarter. For the three months ended April 30, 2015, income from operations was $417,000 compared to $219,000 in the same period of the previous fiscal year, an increase of 90% over the prior year. For the three months ended April 30, 2015, net income was $152,000 or $.02 per diluted share, compared to $81,000 or $.01 per diluted share, in the same period in fiscal year 2014.
PASSUR® Aerospace Reports 122% Increase in Net Income for First Three Months of FY2015
PR Newswire - Tue Mar 17, 7:10AM CDT
PASSUR® Aerospace, Inc. (OTC: PSSR), an aviation business intelligence, big data, software and solutions company reported a 122% increase in net income and 70% increase in income from operations with a 5% reduction in revenue for the same period in fiscal year 2014. The revenue reduction was largely due to one-time transactions that occurred in the first quarter of fiscal year 2014 which were not continued in the following year. However, based on long term sales contracts closed in the second quarter of fiscal year 2015, we expect that each of the second, third, and fourth quarters of fiscal year 2015 will have an increase in revenue over the corresponding quarters of 2014. Full fiscal year 2015 revenue is also expected to be above that of fiscal year 2014.
PASSUR® Aerospace Reports Increase in Net Income Of 23%, an Increase in Income Before Income Taxes Of 35%, and a 4% Total Company Revenue Increase for FY2014
PR Newswire - Thu Jan 29, 1:37PM CST
PASSUR® Aerospace, Inc. (OTC: PSSR), a business intelligence, predictive analytics, and big data company, announced that net income increased 23% to $348,000 or $.04 per diluted share for the fiscal year ended October 31, 2014, compared to $282,000 or $.04 per diluted share in the fiscal year ended October 31, 2013. Income before income taxes increased 35% to $863,000 for the fiscal year ended October 31, 2014, compared to $637,000 in the fiscal year ended October 31, 2013. Total Company revenue increased 4% to $11,490,000 for the fiscal year ended October 31, 2014, compared to $11,035,000 for the fiscal year ended October 31, 2013.
PASSUR Aerospace and INFORM GmbH Announce Agreement to Develop Enhanced Turn-Management Solutions for Airlines and Airports
PR Newswire - Thu Nov 20, 7:30AM CST
PASSUR Aerospace, Inc. (OTC: PSSR.OB) and INFORM GmbH, announced today they are integrating their existing solutions for airline and airport turn management and hub control into a new offering. The companies have begun to connect their software and data for a launch project with a mutual airline customer, one of the largest in the world. The combined solution will deliver greater predictability, reliability, and schedule integrity, with fewer delays and disruptions for airlines and airports.
PASSUR has Contracted and Installed its New Surface Management System, Including PASSUR Surface Surveillance Technology, at Three Airports, and is Under Contract for Three Additional Installations
PR Newswire - Thu Apr 14, 7:36AM CDT
PASSUR Aerospace, Inc. (OTC: PSSR), an aviation business intelligence, big data, and software solutions company, announced that it has contracted and installed its Surface Management System, including PASSUR Surface Multilateration "SMLAT" surveillance technology, at three airports, and is under contract for three additional installations of its Surface Management System.
PASSUR Selected by Austin-Bergstrom International Airport in Austin, Texas to Automate Landing Fee Program
PR Newswire - Tue Apr 05, 8:00AM CDT
PASSUR Aerospace, Inc. (OTC: PSSR), an aviation business intelligence, big data, and software solutions company, announced that Austin-Bergstrom International Airport, in Austin, Texas, has contracted for PASSUR's Landing Fee Management program. The program creates complete, accurate, and transparent reporting and billing of aviation usage fees to ensure all operators are paying only their fair share, all billable weight is being captured, and unit landing fees are kept at their lowest possible level.
PASSUR Announces Six Additional Airports Have Signed Contracts to Join Its Connectivity Network
PR Newswire - Wed Mar 16, 7:40AM CDT
PASSUR® Aerospace, Inc. (OTC: PSSR), a business intelligence, predictive analytics, and big data company, announced that an additional six airports have contracted to join the PASSUR Connectivity and Collaboration network, which provides close coordination and information sharing between airlines and airports, used to manage complex or disrupted operations and to reduce costs and passenger disruptions. The six airports are Ted Stevens Anchorage International (ANC), Reagan Washington National (DCA), Cleveland Hopkins International (CLE), Fairbanks International (FAI), Fort Lauderdale-Hollywood International (FLL), and Tampa International (TPA).
PASSUR® Aerospace Reports 24% Revenue Increase For First Three Months Of Fiscal Year 2016
PR Newswire - Fri Mar 11, 7:05AM CST
PASSUR® Aerospace, Inc. (OTC: PSSR), a business intelligence, predictive analytics, and big data company, announced that revenue increased 24% to $3,435,000 for the three months ended January 31, 2016, compared to $2,764,000 for the same period in fiscal year 2015. Net income was $25,000, or $0.00 per diluted share, for the for the three months ended January 31 2016, compared to $141,000, or $0.02 per diluted share, for the same period in fiscal year 2015.
PASSUR® Aerospace Reports 9% Increase in Revenue for Fiscal Year 2015
PR Newswire - Fri Jan 22, 6:46AM CST
PASSUR® Aerospace, Inc. (OTC: PSSR), a business intelligence, predictive analytics, and big data company, announced that revenue for the fiscal year ended October 31, 2015 increased 9% to $12,538,000, compared to $11,490,000 for the prior fiscal year. Net income was $279,000, or $0.04 per diluted share, in fiscal year 2015, compared to $348,000, or $0.04 per diluted share, in the prior fiscal year. The company also increased its number of employees by 19%.
PASSUR Selected by RTCA to Create Aviation Industry Performance Tracking and Analysis Dashboard
PR Newswire - Tue Jan 05, 7:30AM CST
PASSUR Aerospace, Inc. (OTC: PSSR), an aviation business intelligence, big data, and software solutions company announced that RTCA has selected PASSUR Aerospace to create the first industry dashboard for reporting on and analyzing air transportation system performance improvements attributable to the deployment of key NextGen capabilities. The dashboard capability will support the FAA-Industry Joint Analysis Team of the NextGen Advisory Committee (NAC).
PASSUR Aerospace Announces the Establishment of Unmanned Aerial System and Drone Traffic Management Integration Service
PR Newswire - Thu Dec 17, 7:30AM CST
PASSUR Aerospace, Inc. (OTC: PSSR), an aviation business intelligence, big data, and software solutions company, announced the establishment of an Unmanned Aerial System (UAS) - Drone Traffic Management Integration service.
Leo Prusak Joins PASSUR as Vice President of Air Traffic Management Products and Strategy
PR Newswire - Fri Oct 30, 7:30AM CDT
PASSUR Aerospace, Inc. (OTC: PSSR), an aviation business intelligence, big data, and software solutions company, announced the appointment of Leo Prusak as Vice President of Air Traffic Management Products and Strategy.
PASSUR® Aerospace Reports 13% Increase in Third Quarter Revenue and an 8% Increase in Revenue for the Nine Months Ended July 31, 2015
PR Newswire - Mon Sep 14, 7:38AM CDT
PASSUR® Aerospace, Inc. (OTC: PSSR), an aviation business intelligence, big data, and software solutions company reported total revenue for the quarter ended July 31, 2015 increased 13% to $3,244,000, compared to $2,865,000 for the same period in fiscal year 2014, primarily as a result of two major multi-year contracts signed during the year. For the three months ended July 31, 2015, income from operations was $91,000 compared to $224,000 in the same period of the previous fiscal year, a decrease of 59% from the prior year. Starting in April, in anticipation of new revenue opportunities, the company has made further investments in infrastructure by hiring a Chief Technology Officer, a Chief Financial Officer, as well as additional software developers, which resulted in over $400,000 of higher expenses for the quarter. For the three months ended July 31, 2015, net income was $22,000, or $0.00 per diluted share, compared to $129,000, or $0.02 per diluted share, in the same period in fiscal year 2014.
PASSUR Hires Chief Financial Officer, David M. Henderson
PR Newswire - Thu Aug 20, 7:30AM CDT
PASSUR Aerospace, Inc. (OTC: PSSR), an aviation business intelligence, big data, and software solutions company announced the appointment of David M. Henderson as Chief Financial Officer.
PASSUR Hires Chief Technology Officer, David Brukman
PR Newswire - Mon Jun 29, 7:30AM CDT
PASSUR® Aerospace, Inc (OTC: PSSR), an aviation business intelligence, big data, and software solutions company announced the appointment of David Brukman as Chief Technology Officer, a new position for the company. Mr. Brukman will lead and shape PASSUR's technology strategy as the Company continues to invest in creating the leading aviation intelligence platform focused on reducing the $30 billion in global delay, diversion and cancellation costs.
PASSUR® Aerospace Reports 90% Increase in Income from Operations on 15% Revenue Increase for the Three months Ended April 30, 2015
PR Newswire - Mon Jun 15, 7:45AM CDT
PASSUR® Aerospace, Inc. (OTC: PSSR), an aviation business intelligence, big data, software and solutions company reported total revenue for the quarter ended April 30, 2015 increased 15% to $3,221,000, compared to $2,813,000 for the same period in fiscal year 2014, primarily as a result of two major multi-year contracts signed during the quarter. For the three months ended April 30, 2015, income from operations was $417,000 compared to $219,000 in the same period of the previous fiscal year, an increase of 90% over the prior year. For the three months ended April 30, 2015, net income was $152,000 or $.02 per diluted share, compared to $81,000 or $.01 per diluted share, in the same period in fiscal year 2014.
PASSUR® Aerospace Reports 122% Increase in Net Income for First Three Months of FY2015
PR Newswire - Tue Mar 17, 7:10AM CDT
PASSUR® Aerospace, Inc. (OTC: PSSR), an aviation business intelligence, big data, software and solutions company reported a 122% increase in net income and 70% increase in income from operations with a 5% reduction in revenue for the same period in fiscal year 2014. The revenue reduction was largely due to one-time transactions that occurred in the first quarter of fiscal year 2014 which were not continued in the following year. However, based on long term sales contracts closed in the second quarter of fiscal year 2015, we expect that each of the second, third, and fourth quarters of fiscal year 2015 will have an increase in revenue over the corresponding quarters of 2014. Full fiscal year 2015 revenue is also expected to be above that of fiscal year 2014.
PASSUR® Aerospace Reports Increase in Net Income Of 23%, an Increase in Income Before Income Taxes Of 35%, and a 4% Total Company Revenue Increase for FY2014
PR Newswire - Thu Jan 29, 1:37PM CST
PASSUR® Aerospace, Inc. (OTC: PSSR), a business intelligence, predictive analytics, and big data company, announced that net income increased 23% to $348,000 or $.04 per diluted share for the fiscal year ended October 31, 2014, compared to $282,000 or $.04 per diluted share in the fiscal year ended October 31, 2013. Income before income taxes increased 35% to $863,000 for the fiscal year ended October 31, 2014, compared to $637,000 in the fiscal year ended October 31, 2013. Total Company revenue increased 4% to $11,490,000 for the fiscal year ended October 31, 2014, compared to $11,035,000 for the fiscal year ended October 31, 2013.
PASSUR Aerospace and INFORM GmbH Announce Agreement to Develop Enhanced Turn-Management Solutions for Airlines and Airports
PR Newswire - Thu Nov 20, 7:30AM CST
PASSUR Aerospace, Inc. (OTC: PSSR.OB) and INFORM GmbH, announced today they are integrating their existing solutions for airline and airport turn management and hub control into a new offering. The companies have begun to connect their software and data for a launch project with a mutual airline customer, one of the largest in the world. The combined solution will deliver greater predictability, reliability, and schedule integrity, with fewer delays and disruptions for airlines and airports.
