Micronet Enertec (MICT) Reports Q2 Loss of $0.13
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MICT Reports Second Quarter 2018 Financial Results
August 15, 2018 7:30 AM EDTMONTVALE, N.J., Aug. 15, 2018 /PRNewswire/ -- MICT, Inc. (NASDAQCM: MICT), a developer and manufacturer of rugged computers, tablets and computer-based systems for the commercial Mobile Resource Management (MRM) market, announced financial results for the second quarter and six months ended June 30, 2018.
"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% and 184%, respectively, compared to the three and six months ended June 30, 2017. Revenue increased by 25% and 65% to $4.7Â million and $10.7 million for the three... More
