On Track Innovations (OTIV) Tops Q1 EPS by 2c

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oti Reports First Quarter 2016 Financial Results

May 10, 2016 8:32 AM EDT

ROSH PINA, ISRAEL -- (Marketwired) -- 05/10/16 -- On Track Innovations Ltd. (oti) (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment systems, reported financial results for the first quarter ended March 31, 2016.

Q1 2016 Operational Highlights

Expanded support of payment processing services for vending machines and kiosks across the European Union. Formed a strategic partnership with Apriva to bring a unified mobile and cashless payment solution to the... More