Revenue Update on Xplore Technologies Corp.(NASDAQ:XPLR)

Xplore Technologies Corp.(NASDAQ:XPLR) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-hours on Jun 29, 2016. Company reported revenue of $20.61M. Analysts estimated a revenue of $24.00M. Earnings per share were $-0.09. Analysts had estimated an EPS of $0.01.

Xplore Technologies Corp. (XPLR) made into the market gainers list on Fridays trading session with the shares advancing 2.50% or 0.06 points. Due to strong positive momentum, the stock ended at $2.46, which is also near the day’s high of $2.5685. The stock began the session at $2.5685 and the volume stood at 61,369 shares. The 52-week high of the shares is $6.15 and the 52 week low is $2.4. The company has a current market capitalization of $27 M and it has 1,09,08,355 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Feb 29, 2016, Mark Holleran (COO) purchased 2,280 shares at $3.95 per share price.Also, On Sep 8, 2015, Philip S Sassower (Chairman & CEO) sold 40,000 shares at $5.62 per share price.

Xplore Technologies Corp. (Xplore) is engaged in the development integration and marketing of rugged mobile personal computer systems (PCs). The Company’s rugged tablet PCs are designed to withstand various conditions such as extreme temperatures driving rain repeated vibrations dirt dust and concussive shocks. Its products include the iX104 product family RangerX Pro Bobcat and Motion. Xplore’s products are used by a range of field personnel including energy pipeline inspectors public safety responders warehouse workers and pharmaceutical scientists. The Company’s tablets are fitted with a range of accessories including various docking solutions wireless connectivity alternatives global positioning system modules biometric and smartcard options as well as traditional peripherals such as keyboards and cases. Xplore’s tablets also include long-term evolution (LTE) and wireless fidelity (Wi-Fi) connectivity options for real-time data access.

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