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Xplore Technologies Corp. (XPLR) Posts Preliminary Q2 Results, Expectations for Profitable Second Half

Company: Xplore Technologies Corp. (XPLR)
Category: News

Xplore Technologies (NASDAQ: XPLR) this afternoon posted preliminary second-quarter results, updated its revenue outlook for fiscal 2017, and forecast second half profitability “to drive approximately breakeven net income for the full year.” “We anticipate revenue of approximately $20.0 million in our fiscal second quarter … As a result, we entered the December quarter with record backlog of more than $11 million,” Mark Holleran, Xplore’s president and chief operating officer, stated in the news release. The company guides revenue to be at the lower end of its initial $85 million to $95 million outlook. Full results are expected November 10.

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About Xplore Technologies

Xplore is The Rugged Tablet Authority™, exclusively manufacturing powerful, long-lasting, and customer-defined rugged tablet PCs since 1996. Today, Xplore offers the broadest portfolio of genuinely rugged tablets – and the most complete lineup of rugged tablet accessories – on Earth. Its mobility solutions are purpose-built for the energy, utilities, telecommunications, military and defense, manufacturing, distribution, public safety, healthcare, government, and field service sectors. The company’s award-winning military-grade computers are also among the most powerful and longest lasting in their class, built to withstand nearly any hazardous condition or environmental extreme for years without fail. For more information visit www.xploretech.com

About NetworkNewsBreak

NetworkNewsBreak is a rapid summary of a press release that caught the attention of NetworkNewsWire (NNW). NNW provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW is uniquely positioned to best serve private and public companies who need to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing network of more than 5,000 key distribution outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. For more information, visit https://www.networknewswire.com.

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