Numerex Corp (NMRX) Tops Q4 EPS by 1c

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Numerex Reports Fourth Quarter and Full Year 2014 Financial Results

March 11, 2015 4:01 PM EDT

4th Quarter 2014 Highlights

Subscription and Support revenues up 27.6% to $17.5 million Total Net Revenues up 12.1% to $24.9 million Gross Margin on subscriptions and support revenues was 61.6% GAAP income from continuing operations, net of income taxes was $0.6 million Adjusted EBITDA of $3.5 million, reflecting a margin of 14.3%

ATLANTA, March 11, 2015 (GLOBE NEWSWIRE) -- Numerex Corp (Nasdaq: NMRX), a leading provider of on-demand and interactive machine-to-machine (M2M) enterprise solutions enabling the Internet of Things (IoT), today... More