On Track Innovations (OTIV) Tops Q2 EPS by 1c

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oti Reports Second Quarter 2016 Financial Results

August 10, 2016 8:31 AM EDT

ROSH PINA, ISRAEL -- (Marketwired) -- 08/10/16 -- On Track Innovations Ltd. (oti) (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment systems, reported financial results for the second quarter ended June 30, 2016.

Q2 2016 Operational Highlights

Partnered with Microtronic to bring world's first open and closed loop payment solution to the global vending market Formed partnerships with vending distributors to the Romanian, Netherlands and Flanders markets... More