Lojack Corp (LOJN) Tops Q2 EPS by 1c

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Go back to Lojack Corp (LOJN) Tops Q2 EPS by 1c

LoJack Corporation Reports Q2 Financial Results; Net Income of $1.2 Million and Cash Flow from Operations of $2.7 Million

August 6, 2015 7:02 AM EDT

CANTON, Mass., Aug. 6, 2015 /PRNewswire/ --

Highlights:

Net income of $1.2 million, or $0.06 per diluted share, compared with a net loss of ($3.4) million, or ($0.19) per share, in Q2 2014 EBITDA of $2.7 million represents $4.5 million improvement year-over-year  Gross margin of 54.9% Company reduces operating expenses by $2.8 million from Q2 2014 Cash from operations of $2.7 million; debt repayment of $3 million   Company has met or exceeded growth of U.S. retail auto market in 10 of past 11 quarters

LoJack Corporation (NASDAQ GS:... More