"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."
Are there any links to unique propietary tech here? So far it seems to be a collection of apps.
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