UPDATE: Image Sensing Systems (ISNS) Reports Q4 Loss Per Share of $0.77

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Image Sensing Systems Announces Fourth Quarter and Fiscal 2014 Financial Results

March 19, 2015 4:05 PM EDT

Fourth quarter revenue of $5.7 million, up approximately 2 percent from the prior year period, excluding the impact of the discontinued Polish operations Product gross margin was approximately $4.8 million in 2014, up 4 percent from 2013 Operating expenses were approximately $25 million in 2014, an improvement of 12 percent from $28 million in 2013

SAINT PAUL, Minn., March 19, 2015 (GLOBE NEWSWIRE) -- Image Sensing Systems, Inc. (Nasdaq: ISNS) today announced results for its fiscal year and fourth quarter ended December 31, 2014.

Fourth Quarter Results:

Image Sensing's 2014 fourth quarter revenue was $5.7 million, a 13 percent decrease from revenue of $6.5 million in the fourth quarter of... More