Micronet Enertec Technologies, Inc. (MICT) - NASDAQ
  • Mon, May 16, 7:32 AM
    • Micronet Enertec (NASDAQ:MICT): Q1 EPS of -$0.06
    • Revenue of $6.5M (+14.0% Y/Y)
    • Press Release
    | Mon, May 16, 7:32 AM
  • Thu, Apr. 14, 7:39 AM
    • Micronet Enertec (NASDAQ:MICT): Q4 EPS of $0.05
    • Revenue of $6.6M (-38.1% Y/Y)
    • Press Release
    | Thu, Apr. 14, 7:39 AM
  • Fri, Feb. 19, 1:13 PM
    • Novatel (MIFI +0.8%) soundly missed Q4 sales estimates, slightly beat EPS estimates, and guided for Q1 revenue of $59M-$64M and EPS of -$0.06 to -$0.09, below a sole estimate of $68.7M and -$0.05.
    • The company also announced it's selling its telematics hardware unit to rugged computing device maker Micronet(MICT +10.6%) for $24M - $12M in cash up-front plus $6M payments on the first and second anniversaries of the deal's closing.
    • The deal is expected to close by the end of Q1; Novatel will buy products from Micronet afterwards. CEO Sue Swenson: "The disposition of the telematics hardware business will accelerate our Company's transformation from a hardware-centric manufacturer to a true provider of IoT SaaS and Solutions."
    • On the earnings call (transcript), Novatel stated Q1 sales will be hurt by a weak South African rand, which affects sales for Novatel's recently-acquired Ctrack unit. Ctrack is expected to deliver Q1 revenue of $12M-$16M vs. $16.6M in Q4.
    • Sales of Novatel's MiFi 4G/Wi-Fi hotspots were pressured in Q4 by inventory-reduction efforts at the company's "large carrier customer" (presumably Verizon). MiFi sales are expected to rise slightly Q/Q in Q1.
    • Total subscribers rose by 10.2K Q/Q in Q4 to 520,220, and fleet subscribers by 2,850 to 157,850. Hardware revenue fell 17% Y/Y to $45.5M. Thanks to the Digicore/Ctrack and Feeney Wireless acquisitions, SaaS/services revenue rose to $12.6M from $0.3M a year ago.
    • Novatel's Q4 results, earnings release
    | Fri, Feb. 19, 1:13 PM
  • Nov. 18, 2015, 7:52 AM
    • Micronet Enertec (NASDAQ:MICT): Q3 EPS of -$0.17
    • Revenue of $5.6M (-50.9% Y/Y)
    | Nov. 18, 2015, 7:52 AM
  • Aug. 14, 2015, 8:02 AM
    • Micronet Enertec (NASDAQ:MICT): Q2 EPS of -$0.05
    • Revenue of $5.7M (-13.6% Y/Y)
    | Aug. 14, 2015, 8:02 AM
  • May 14, 2015, 8:02 AM
    • Micronet Enertec (NASDAQ:MICT): Q1 EPS of -$0.08 misses by $0.11.
    • Revenue of $5.7M (+2.3% Y/Y) misses by $3.3M.
    | May 14, 2015, 8:02 AM
  • Mar. 31, 2015, 7:03 AM
    • Micronet Enertec (NASDAQ:MICT): Q4 EPS of $0.00 beats by $0.03.
    • Revenue of $10.7M (+12.6% Y/Y) beats by $0.2M.
    | Mar. 31, 2015, 7:03 AM
  • Nov. 6, 2014, 7:13 AM
    • Micronet Enertec (NASDAQ:MICT): Q3 EPS of -$0.09 may not be comparable to consensus of -$0.13.
    • Revenue of $11.4M (+43.4% Y/Y) beats by $3.6M.
    | Nov. 6, 2014, 7:13 AM
  • Aug. 14, 2014, 7:18 AM
    • Micronet Enertec (NASDAQ:MICT): Q2 EPS of -$0.22.
    • Non-Gaap EPS of -$0.08.
    • Revenue of $6.6M (-15.4% Y/Y) misses by $2.4M.
    | Aug. 14, 2014, 7:18 AM
  • May 15, 2014, 7:54 AM
    • Micronet Enertec Technologies (MICT): Q1 EPS of -$0.05 beats by $0.01.
    • Revenue of $5.6M (-45% Y/Y) misses by $1.4M.
    | May 15, 2014, 7:54 AM
  • Mar. 19, 2014, 8:39 AM
    • Micronet Enertec Technologies (MICT): Q4 EPS of $0.02.
    • Revenue of $9.5M beats by $1.5M.
    | Mar. 19, 2014, 8:39 AM
  • Nov. 14, 2013, 8:26 AM
    • Micronet Enertec Technologies (MICT): Q3 EPS of $0.06.
    • Revenue of $8M (+111% Y/Y). (PR)
    | Nov. 14, 2013, 8:26 AM
Company Description
Micronet Enertec Technologies, Inc. designs, develops, manufactures and sells rugged computers, tablets and computer-based systems and instruments for the commercial, defense and aerospace markets. It operates through two segments: Defense & Aerospace and Mobile Resource Management. The Defense... More
Industry: Aerospace/Defense - Major Diversified
Country: United States