Pointer Telocation (PNTR) Misses Q4 EPS by 16c

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Go back to Pointer Telocation (PNTR) Misses Q4 EPS by 16c

Pointer Telocation Ltd. Reports Results for the Fourth Quarter and Full Year 2015

February 29, 2016 6:55 AM EST

ROSH HAAYIN, Israel, Feb. 29, 2016 /PRNewswire/ -- Pointer Telocation Ltd. (Nasdaq: PNTR) - a leading developer, manufacturer and operator of Mobile Resource Management (MRM) services, announced today its financial results for the three month period and fiscal year ended December 31, 2015.

Financial Summary for the Fourth Quarter of 2015

Revenues were $25.7 million compared to $26.6 million in the fourth quarter of 2014, a decrease of 3.2%. The significant strengthening of the US Dollar in the period versus the various local currencies in which the Company generates sales, caused a reduction... More