Elecsys Corporation (ESYS) Reports Q1 Loss of $0.04, Comments on Future Quaters
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Elecsys Corporation (NASDAQ: ESYS) reported Q1 EPS of ($0.04), versus $0.05 reported last year. Revenue for the quarter came in at $4.26 million versus $5.67 million last year.
The Company anticipates that as a result of new products in development and investments in sales and marketing, revenues from the Company's proprietary products including its wireless remote monitoring solutions, industrial data communications, and mobile data acquisition systems, will increase over the next few quarters. Although EMS sales posted a decline in the current period, additional sales and marketing efforts have been undertaken to focus on customers that can benefit from the Company's proprietary technology solutions and these efforts should begin to generate growth in the EMS segment over the longer term.
For earnings history and earnings-related data on Elecsys Corporation (ESYS) click here.
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The Company anticipates that as a result of new products in development and investments in sales and marketing, revenues from the Company's proprietary products including its wireless remote monitoring solutions, industrial data communications, and mobile data acquisition systems, will increase over the next few quarters. Although EMS sales posted a decline in the current period, additional sales and marketing efforts have been undertaken to focus on customers that can benefit from the Company's proprietary technology solutions and these efforts should begin to generate growth in the EMS segment over the longer term.
For earnings history and earnings-related data on Elecsys Corporation (ESYS) click here.
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