On Track Innovations Ltd. Reports Third Quarter 2018 Financial Results
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On Track Innovations (OTIV) Tops Q3 EPS by 1c, Revenues Beat
November 7, 2018 8:06 AM ESTOn Track Innovations (NASDAQ: OTIV) reported Q3 EPS of $0.00, $0.01 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $6.5 million versus the consensus estimate of $5.71 million.
Total revenue in the third quarter of 2018 increased 39% to $6.5 million, compared to $4.7 million in the same year-ago period.Recurring revenues, on an absolute dollar basis, increased by 19%... More