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ID Systems Inc. Message Board

  • dbtunr dbtunr Jul 31, 2008 3:23 PM Flag

    est 5.42M, -0.08c

    Lets see if they can beat. They still said they would do $24M this year

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    • did $5.5M and -0.14c

      Better revenue, worse on the loss said. Still forecasts $24M this year. Said rolled out 500 car rental sale and another Walgreens site. Bought 120k shares last qtr at about $7 each.

      Still has plenty of cash, almost $60M, share count going down.

      Will have to listen to CC later tonight.

      • 1 Reply to dbtunr
      • I guess there was a 1 time charge

        4:24PM I.D. Systems beats by $0.02, reports revs in-line (IDSY) 6.88 -0.25 : Reports Q2 (Jun) loss of $0.06 per share, excluding non-recurring items, $0.02 better than the First Call consensus of ($0.08); revenues rose 144.8% year/year to $5.5 mln vs the $5.4 mln consensus. Jeffrey Jagid, I.D. Systems' chairman and chief executive officer says "We have made significant progress building our sales pipeline and we remain confident about reaching our financial goals for 2008, including $24 million in revenues."

4.88+0.03(+0.62%)Jun 29 3:59 PMEDT