Pointer Telocation Ltd. Reports Results for the Fourth Quarter and Full Year 2015
Rosh HaAyin, Israel, February 29, 2016, Pointer Telocation Ltd. (Nasdaq: PNTR) – a leading developer, manufacturer and operator of Mobile Resource Management (MRM) services, announced today its financial results for the three month period and fiscal year ended December 31, 2015.
- Full year revenues of $101 million;
- Non-GAAP net income: $7.1 million for 2015; $1.3 million for Q4;
- MRM service revenue grew by over 15% YoY in local currency terms;
- MRM year-end total subscribers of about 180 thousand, grew up 10% YoY.
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