InvestorsHub Logo
Followers 971
Posts 382998
Boards Moderated 11
Alias Born 06/24/2011

Re: None

Friday, 08/18/2017 1:39:04 PM

Friday, August 18, 2017 1:39:04 PM

Post# of 97387
$PSID Financial highlights include:

Revenue for the first six-months of 2017 increased 20% over the second half of 2016
Gross margin continued to improve, increasing to 39% for the quarter ended June 30, 2017, up from 35% for the first quarter of 2017, and 32% for the quarter ended December 31, 2016
Operating loss for the first six-months of 2017 improved by 37% and cash flow from operations improved 31% over the second half of 2016
Sales of the Caregiver non-contact thermometer for the quarter ended June 30, 2017 increased 82% from the quarter ended March 31, 2017, and 121% from the quarter ended June 30, 2016, as reported in the Companys Form 10-Q
E-N-G Mobile Systems (ENG) bookings for the first half of 2017 increased 158% to $2.4 million from the first half of 2016, as reported by the Company on July 26, 2017
Company expects full year 2017 revenue to exceed 2016 revenue of $5.6 million PositiveID Reports Second Quarter 2017 Results Company Projects Full Year Revenue Growth for 2017 https://finance.yahoo.com/news/positiveid-reports-second-quarter-2017-120000488.html

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.