Pointer Telocation (PNTR) Reports Q2 EPS of $0.28

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Go back to Pointer Telocation (PNTR) Reports Q2 EPS of $0.28

Pointer Telocation Reports Q2 2016 Financial Results

August 11, 2016 6:00 AM EDT

ROSH HAAYIN, Israel, Aug. 11, 2016 /PRNewswire/ --

Highlights (excluding Shagrir) in the Second Quarter 2016

Revenues of $16.2 million; up 15% YoY in local currencies (up 5% in US dollars); Service revenues were $10.2 million; up 20% YoY in local currency terms (up 4% in US dollars); Adjusted EBITDA (from continuing operations) was $2.3 million, up 9% YoY Total MRM subscribers reached 192,000; a 13% increase of 22,000 since Q2 2015 end

Pointer Telocation Ltd. (Nasdaq CM: PNTR; TASE: PNTR) - a leading developer, manufacturer and operator of Mobile Resource Management (MRM) services,... More