Ability, Inc. (ABIL) Misses Q1 EPS by 4c
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Ability, Inc. Reports First Quarter Financial Results
June 6, 2016 7:01 AM EDTTEL AVIV, Israel, June 6, 2016 /PRNewswire/ -- Ability, Inc. (NASDAQ: ABIL), a leading provider of innovative tactical communications intelligence solutions, today announced its financial results for the three months ended March 31, 2016.
First Quarter 2016 Financial and Operational Highlights
Revenue of $6.5 million Gross margin was 50% Net loss of $(242,000), inclusive of a non-recurring $1.1 million tax accrual for prior periods Basic and diluted loss per share of $(0.01), inclusive of the non-recurring $1.1 million tax accrual for prior periods EBITDA of $1.1 million (see a reconciliation... MoreINVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Ability, Inc. and Reminds Investors with Losses to Contact the Firm
June 3, 2016 10:22 PM EDTLOS ANGELES--(BUSINESS WIRE)-- Lundin Law PC announces a class action lawsuit has been filed against Ability, Inc. (Ability or the Company) (Nasdaq: ABIL) concerning possible violations of federal securities laws between September 8, 2015 and April 29, 2016. Investors who purchased or otherwise acquired shares during the Class Period should... More
