Xplore Technologies (XPLR) Sees FY Revenue of $85M

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Go back to Xplore Technologies (XPLR) Sees FY Revenue of $85M

Xplore Improves Full-Year Revenue Outlook on Strong December Quarter Sales, Customer Wins and Robust Backlog

January 19, 2018 9:00 AM EST

AUSTIN, Texas, Jan. 19, 2018 (GLOBE NEWSWIRE) -- Xplore Technologies (Nasdaq: XPLR) today announced it expects revenue for the fiscal year ending March 31, 2018, to be approximately $85 million, at the high end of its previously announced revenue outlook of $75 to $85 million. This confidence is the result of preliminary fiscal third quarter revenue of $23.8 million, strong backlog entering the fiscal fourth quarter and continuing sales wins. The company also expects to report fiscal third quarter EBITDA and earnings per share in line with analyst consensus estimates exclusive of one-time severance expenses incurred during the... More