Xplore Tech (XPLR) Reports Q1 Loss Per Share of $0.02

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Xplore Technologies Reports 191% Increase in Revenue for Q1’15

August 13, 2015 4:00 PM EDT

AUSTIN, Texas--(BUSINESS WIRE)-- Xplore Technologies Corp. (NASDAQ: XPLR), reported results for the first quarter of its fiscal year 2016. For the three months ended June 30, 2015, Xplore reported revenue of approximately $24,043,000, compared to approximately $8,267,000 for the three months ended June 30, 2014, an increase of $15,776,000, or approximately 191 percent. This increase in revenue was due to a 31 percent increase in revenue associated with Xplores historical product line. The remaining increase resulted from revenue associated with products acquired in the April 17, 2015 acquisition of Motion Computing, Inc. assets (the Motion Acquisition).

This quarter... More