Image Sensing Systems (ISNS) Reports Q1 Loss of $0.23

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Image Sensing Systems Announces First Quarter 2015 Financial Results

May 14, 2015 4:01 PM EDT

First quarter product gross margin was 56 percent, up nearly 20 percentage points from the prior year period product gross margin of 37 percentOperating expenses of $4.5 million were down approximately 35 percent from the same period in the prior yearThe first quarter operating loss of $1.2 million was a 69 percent improvement from an operating loss of $3.8 million from the same period in the prior year

SAINT PAUL, Minn., May 14, 2015 (GLOBE NEWSWIRE) -- Image Sensing Systems, Inc. (Nasdaq: ISNS) today announced results for its first quarter ended March 31, 2015.

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