trending Market Intelligence /marketintelligence/en/news-insights/trending/btG-91IsEK-I5_VT740rDA2 content esgSubNav
In This List

Image Sensing Systems Q1 loss widens 23.3% YOY

Blog

Global smart TV forecast return to growth in 2022, sustained through 2026

Case Study

Broad Environmental Data Guides an Insurer’s Journey to Net Zero

Blog

Broadcast deal market recap, Q2'22

Blog

Japan M&A By the Numbers: Q1 2022


Image Sensing Systems Q1 loss widens 23.3% YOY

Image Sensing Systems Inc. said its first-quarter normalized net income amounted to a loss of 2 cents per share, compared with a loss of 2 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of $102,500, compared with a loss of $83,130 in the prior-year period.

The normalized profit margin declined to negative 3.2% from negative 2.6% in the year-earlier period.

Total revenue totaled $3.2 million, compared with $3.2 million in the year-earlier period, and total operating expenses climbed from the prior-year period to $3.4 million from $3.4 million.

Reported net income totaled a loss of $301,800, or a loss of 6 cents per share, compared to a loss of $249,950, or a loss of 5 cents per share, in the year-earlier period.