Numerex Corp (NMRX) Tops Q1 EPS by 14c

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Go back to Numerex Corp (NMRX) Tops Q1 EPS by 14c

Numerex Reports First Quarter 2014 Financial Results

May 7, 2014 4:01 PM EDT

Total Revenues of $20.8 million in Q1, up 26% year-over-year Gross Margins improve to 47.4%, up 13% year-over-year Subscription and support revenues up 17% year-over-year to $13.9 million Adjusted EBITDA increases 50% year-over-year to $2.8 million Recorded $1.1 million in GAAP Earnings, or $0.06 per share

ATLANTA, May 7, 2014 (GLOBE NEWSWIRE) -- Numerex Corp (Nasdaq: NMRX), a leading provider of interactive and on-demand machine-to-machine (M2M) solutions enabling the Internet of Things (IoT), today announced financial results for its first quarter ended March 31, 2014.

"The Company posted a solid first quarter... More