Intelligent Systems (INS) Reports Prelim. 1Q19 Revenues

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Intelligent Systems Reports Preliminary 2019 Results

April 22, 2019 7:15 AM EDT

NORCROSS, Ga., April 22, 2019 (GLOBE NEWSWIRE) -- Intelligent Systems Corporation [NYSE American: INS; www.intelsys.com] announced today its preliminary financial results for the quarter ended March 31, 2019.  

We are pleased to report preliminary first quarter 2019 revenues of about $7 million and preliminary income from operations of $2.5 to $2.7 million. This is significantly higher than the 1st quarter of 2018 for both revenue and operating profit. Professional services continue to make up a large portion of our current revenue as we have more demand for the expertise of... More