Xplore Tech (XPLR) Prelim. Q2 Revenue Tops Views
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Xplore Technologies Announces Preliminary Fiscal Second Quarter Results, Strong OpEx Reductions, Anticipates Profitable Second Half
October 24, 2016 4:20 PM UTCAUSTIN, Texas, Oct. 24, 2016 (GLOBE NEWSWIRE) -- Xplore Technologies Corp. (NASDAQ: XPLR), a global leader in rugged computing, today reported preliminary results for its fiscal 2017 second quarter ended September 30, 2016. The company also updated its revenue outlook for Fiscal 2017 and stated that it anticipates second half profitability to drive approximately breakeven net income for the full year. The company will report its full results on November 10.
Mark Holleran, Xplores president and chief operating officer, stated: We anticipate revenue of approximately $20.0 million in our fiscal second quarter, which included only initial shipments against our large... More
