WPCS Int'l (WPCS) Offers Update on Q2 Contract Activity

November 10, 2016 10:03 AM EST
Get Alerts WPCS Hot Sheet
Trade WPCS Now!
Join SI Premium – FREE

News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.

WPCS International Incorporated (Nasdaq: WPCS) announced that it added $1.2 million of new contracts in October 2016 bringing its fiscal 2nd quarter for the year ending April 30, 2017 total to $8.0 million, its best contract signing quarter since the 4th quarter of its fiscal year ending April 30, 2016.

According to Sebastian Giordano, CEO of WPCS, "In October, we added new audio-visual work out of our Texas Operations involving several purchase orders from a private university for three campus remodeling projects, a new student activity center and a new high school gymnasium. In addition, we secured various contracts from existing clients in our California market. As of October 31, 2016, our backlog was $16.4 million."

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Guidance

Add Your Comment