Revenue Update on Image Sensing Systems(NASDAQ:ISNS)

Image Sensing Systems(NASDAQ:ISNS) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-Market on Mar 23, 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 $-0.14.

Image Sensing Systems (ISNS) shares turned negative on Fridays trading session with the shares closing down -0.2 points or -6.25% at a volume of 1,36,025. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $3.1. The peak price level was also seen at $3.1 while the days lowest was $2.8. Finally the shares closed at $3. The 52-week high of the shares is $6.39 while the 52-week low is $2.1. According to the latest information available, the market cap of the company is $15 M.

Several Insider Transactions has been reported to the SEC. On Nov 28, 2016, Geoffrey Clark Davis (director) purchased 1,500 shares at $3.80 per share price.Also, On Aug 24, 2015, Value Management Llc Ab (10% owner) purchased 31,178 shares at $3.77 per share price.

Image Sensing Systems Inc. is a provider of software-based products and solutions for the intelligent transportation systems (ITS) industry and adjacent security and law enforcement markets. The Company operates in three segments: Intersection Highway and License Plate Recognition (LPR). The Company’s family of products which it markets as Autoscope video (video or video products) RTMS radar (radar or radar products) and automatic LPR provides end users with the tools needed to enhance traffic flow driver safety and address security/surveillance concerns. Its technology analyzes signals from sensors and transmits the information to management systems and controllers or directly to users. Its software solutions which it markets as CitySync provide end users with solutions of its hardware and software for the law enforcement security transportation and parking markets. Its end users primarily include governmental agencies and municipalities.

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