Lojack Corp (LOJN) Misses Q3 EPS by 1c

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Go back to Lojack Corp (LOJN) Misses Q3 EPS by 1c

LoJack Corporation Reports Net Income of $1.5 Million and Cash Flow from Operations of $6.9 Million for the Third Quarter of 2015

November 6, 2015 7:00 AM EST

CANTON, Mass., Nov. 6, 2015 /PRNewswire/ -- LoJack Corporation (NASDAQ GS: LOJN), a provider of vehicle theft recovery systems and advanced fleet management solutions, today reported financial results for the three and nine months ended September 30, 2015.

Comments on the Third Quarter"Our third-quarter performance reflects unit growth in our domestic stolen vehicle recovery (SVR) business, higher gross profit and significantly reduced operating expenses, which contributed to an $11.2 million improvement in EBITDA as well as positive... More