Reports Q1 revenue $7.205M, consensus $6.63M. “We delivered strong revenue growth of 28% in the first quarter, which included record quarterly service revenue,” said Robert Spignesi, President and CEO. “We also continued to make good progress against our initiatives focused on product cost reduction and manufacturing efficiency as well as service productivity, which helped drive significant gross margin expansion compared to the prior-year quarter.”
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RPID: