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Micronet Enertec (MICT) Reports Q2 Loss of $0.16/Share

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Micronet Enertec Technologies, Inc. Reports 17% Increase in Second Quarter 2016 Revenues

August 11, 2016 7:00 AM EDT

MONTVALE, N.J., Aug. 11, 2016 /PRNewswire/ -- Micronet Enertec Technologies, Inc. (NASDAQCM: MICT), a developer and manufacturer of rugged computers, tablets and computer-based systems for the commercial Mobile Resource Management (MRM) market and for the defense and aerospace markets, today announced financial results for the second quarter ended June 30, 2016.

David Lucatz, Chief Executive Officer of Micronet Enertec Technologies, Inc. stated, "During the second quarter, we continued to see increased interest in our All-In-One products related to the Federal Electronic Logging Device Mandate (The ELD Mandate) that requires fleet operators to... More