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Re: None

Friday, 11/09/2012 12:32:43 PM

Friday, November 09, 2012 12:32:43 PM

Post# of 814
Revenue continues to drop. Oops. That's not good.

MINNEAPOLIS, Nov. 8, 2012-XRS Corporation (formerly Xata Corporation, NASDAQ:XRSC) reported revenue of $15.0 million for its fiscal fourth quarter ended September 30, 2012, versus $15.3 million for the comparable period in 2011. Net loss to common shareholders for the fourth quarter of fiscal 2012 was $0.3 million, or $0.03 per diluted share, compared to $1.6 million, or $0.15 per diluted share, for the comparable period in fiscal 2011.

Not good, not good AT ALL.

Look for the doors to close soon.