Insignia Systems (ISIG) Reports Q2 EPS of $0.02

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Go back to Insignia Systems (ISIG) Reports Q2 EPS of $0.02

Insignia Systems, Inc. Announces 2015 Second Quarter and Six Month Financial Results

July 29, 2015 4:05 PM EDT

Overview

Q2 2015 net sales increased 5.2% to $6,700,000 from $6,300,000 in Q2 2014, driven primarily by our POPS program revenue. Q2 2015 operating income of $387,000 compared to $112,000 in Q2 2014. Q2 2015 net income of $250,000, or $0.02 per basic and diluted share, compared to net income of $70,000, or $0.01 per basic and diluted share, in Q2 2014. Total cash, cash equivalents and debt security investments of $18,524,000 as of June 30, 2015, compared to $16,935,000 as of December 31, 2014.

MINNEAPOLIS--(BUSINESS WIRE)-- Insignia Systems, Inc. (Nasdaq: ISIG) (Insignia or the Company)... More