MICT Reports Second Quarter 2018 Financial Results

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Micronet Enertec (MICT) Reports Q2 Loss of $0.13

August 15, 2018 7:32 AM EDT

Micronet Enertec (NASDAQ: MICT) reported Q2 EPS of ($0.13). Revenue for the quarter came in at $4.7 million.

"Our operating MRM business marked solid improvements across multiple financial measures. Gross margin increased to 32% and 30% respectively, for the three and six months ended June 30, 2018, increases of 98%... More