Xplore Technologies (XPLR)

[guchu]

Xplore Technologies Reports Profitable Fiscal Third Quarter 2017
GlobeNewswire•February 2, 2017
Revenue Increases 22% Sequentially, $0.2 Million GAAP Net Income, $5.7 Million Positive Cash Flow
Strong Backlog at $5.6 Million
AUSTIN, Texas, Feb. 02, 2017 (GLOBE NEWSWIRE) -- Xplore Technologies Corp. (XPLR), a global leader in rugged computing, today reported results for its fiscal 2017 third quarter ended December 31, 2016.
Fiscal Third Quarter and Recent Highlights:
• Reported revenue of $24.5 million, reflecting increased demand for multiple Xplore platforms, offset slightly by production capacity constraints caused by orders weighted heavily toward XSLATE D10 and Bobcat devices;
• Achieved gross margin of 27.4% for the quarter, and 28.2% year to date, which is in line with expectations;
• Held operating costs to $6.3 million, a decline of more than $1.3 million from the prior year quarter, in line with the company’s focus on increased operating efficiency;
• Reported GAAP net income of $219,000, or $0.02 per share, and adjusted EBITDA of positive $770,000;
• Announced multiple large follow-on orders, including a second follow on order in the past six months from a major telecommunications customer using Xplore’s XSLATE B10 platform and the second follow on order this year from a top-10 US electric utility provider
http://finance.yahoo.com/news/xplore-technologies-reports-profitable-fiscal-210100697.html