Pointer Telocation (PNTR) Tops Q3 EPS by 47c

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Pointer Telocation Reports Third Quarter 2017 Financial Results

November 15, 2017 6:17 AM UTC

ROSH HAAYIN, Israel, Nov. 15, 2017 /PRNewswire/ --

Financial Highlights of the Quarter

Record revenues of $20.2 million, up 27% year-over-year; Recurring service revenues of $13.3 million, up 27% year-over-year; Record EBITDA of $3.6 million, up 87% year-over-year; Total subscribers reached 249,000, an increase of 26% year-over-year;

Pointer Telocation Ltd. (NASDAQ CM: PNTR)  (TASE: PNTR) - a leading provider of telematic services and technology solutions for Fleet Management, Mobile Asset Management and Internet of Vehicles, announced its financial results for the third quarter of... More