Revenue Update on Ability Inc(NASDAQ:ABIL)

Ability Inc(NASDAQ:ABIL) announced the earnings results for Fiscal Year 2016 and Q1. The results came in during Pre-market on Jun 6, 2016. Earnings per share were $0.03. Analysts had estimated an EPS of $0.03.

Ability Inc. (Ability) formerly Cambridge Holdco Corp. provides tactical communications intelligence solutions used by government agencies military forces law enforcement and homeland security agencies across the world with an installed base in over 50 countries. The Company offers a range of lawful interception surveillance decryption cyber and geolocation solutions with a focus on active and passive off-air interception and decryption of communications on global system for mobile communication (GSM) code division multiple access (CDMA) universal mobile telecommunications system (UMTS) and long-term evolution (LTE) cellular systems as well as Iridium Thuraya and other satellite networks. The Company provides various solutions such as IBIS 3G-Cat TouchDown ACIS AGIS-51 Bird-Catcher IRIS ATIS-7 SLIS GSM Deciphers GMR-1 Hunter IMRE and PointGuard. It offers customers a range of products and customized solutions.

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