Pointer Telocation (PNTR) Misses Q1 EPS by 1c, Slight Beat on Revenues

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Go back to Pointer Telocation (PNTR) Misses Q1 EPS by 1c, Slight Beat on Revenues

Pointer Telocation Reports Record Revenues for the First Quarter of 2018

May 15, 2018 6:13 AM EDT

ROSH HAAYIN, Israel, May 15, 2018 /PRNewswire/ --

Financial Highlights of the Quarter

Record revenue of $20.9 million, up 10% year-over-year; Record service revenues of $13.8 million, up 12% year-over-year; Net income of $1.8 million, up 13% year-over-year; Non-GAAP net income of $2.5 million, an increase of 7% year-over-year; EBITDA of $3.3 million, up 5% year-over-year; Total subscribers reached 265,000, an increase of 15% year-over-year;

Pointer Telocation Ltd. (Nasdaq CM: PNTR) (TASE: PNTR) - a leading provider of telematic services and technology solutions for Fleet Management,... More