- Insignia Systems (NASDAQ:ISIG +7%) has reported Q3 results where profits rose sharply on a fractional increase in revenues.
- Net income rose 32% to EPS of $0.05 after revenues grew 0.4% to $7.55M.
- Operating income rose to $924K from a year-ago $838K.
- Current POPS booking for Q4 are about $6.8M, compared to $5.2M from Q4 2015. Despite being pleased with Q4 bookings, "we continue to face growing marketplace pressures, which underscores our focus on near-term product diversification efforts."
- Press Release