Micronet Enertec (MICT) Reports Q4 adj.-EPS of 5c

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Micronet Enertec Technologies, Inc. Reports Fourth Quarter Results

April 14, 2016 7:00 AM EDT

MONTVALE, N.J., April 14, 2016 /PRNewswire/ -- Micronet Enertec Technologies, Inc. (NASDAQCM: MICT), a developer and manufacturer of rugged computers, tablets and computer-based systems for the commercial Mobile Resource Management (MRM) market and for the defense and aerospace markets, today announced financial results for the fourth quarter and year ended December 31, 2015.

David Lucatz, Chief Executive Officer of Micronet Enertec Technologies, Inc. stated, "We are pleased to have reached net profitability in the fourth quarter.  As we previously reported, we took important efficiency steps consolidating Micronet's operations in Salt Lake City creating savings and... More