Revenue Update on Intelligent Systems Corporation(NYSEMKT:INS)

Intelligent Systems Corporation(NYSEMKT:INS) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during Pre-Market on Mar 17, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Earnings per share were $-0.01.

Intelligent Systems Corporation (INS) made into the market gainers list on Wednesdays trading session with the shares advancing 0.51% or 0.0238 points. Due to strong positive momentum, the stock ended at $4.6638, which is also near the day’s high of $4.6638. The stock began the session at $4.65 and the volume stood at 1,918 shares. The 52-week high of the shares is $4.85 and the 52 week low is $3.17. The company has a current market capitalization of $41 M and it has 87,43,299 shares in outstanding.

Intelligent Systems Corporation is a holding company. The Company operates in two segments: Information Technology Products and Services and Industrial Products. The Company’s Information Technology Products and Services segment comprises the operations of CoreCard Software Inc. (CoreCard) and the Industrial Products segment comprises the operations of ChemFree Corporation (ChemFree). The Company also has two wholly owned subsidiaries CoreCard SRL in Romania and ISC Software in India which performs software development and testing for CoreCard. ChemFree designs manufactures and markets a line of parts washers under the SmartWasher brand. CoreCard designs develops and markets a suite of software solutions to accounts receivable businesses financial institutions retailers and processors to manage their credit and debit cards prepaid cards private-label cards fleet cards loyalty programs and accounts receivable and small loan transactions.

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