Provision Holding (OTCQB: PVHO) is trading higher in mid-day trade after the 3D holographic display technologies provider posted full-year revenues of $5.0 million compared to $575,000 for the prior year ended June 30, 2016. The company attributes the increase to sales and installations of its 3D Savings Center kiosks in retail stores. Installation expenses widened the company’s net loss to $6.2 million, compared to a net loss of $0.8 million for the same period last year. Gross profit for the period was $526,000, nearly double gross profit of $265,000 in the previous year.
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About Provision Interactive Technologies, Inc.
Provision Interactive Technologies, Inc., a subsidiary of the publicly traded company Provision Holding, Inc. (OTCQB: PVHO), is the leading purveyor of intelligent interactive 3D holographic display technologies, software, and integrated solutions for both commercial and consumer focused applications.
Provision’s 3D holographic display systems represent a revolutionary technology that provides the projection of full color, high-resolution videos into space detached from the screen, without any special glasses. Provision is currently the market leader in true 3D consumer advertising display products being implemented by innovative, consumer-focused companies. For more information visit http://www.provision.tv/
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