Lrad (LRAD) Misses Q3 EPS by 5c

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LRAD(R) Corporation Reports Fiscal Third Quarter 2015 Financial Results

August 6, 2015 4:01 PM EDT

SAN DIEGO, Aug. 06, 2015 (GLOBE NEWSWIRE) -- LRAD Corporation (NASDAQ: LRAD), the worlds leading provider of Long Range Acoustic Device® and advanced mass notification systems, today reported financial results for the fiscal third quarter and nine months ended June 30, 2015.

Fiscal Third Quarter 2015 Financial Summary

Revenues: Fiscal third quarter 2015 revenues totaled $3.5 million, $4.5 million less than the $8.0 million reported in the fiscal third quarter of 2014, due to the timing of receipt of orders and delays in awarding of contracts.... More