Pointer Telocation Ltd. Reports Results for the Fourth Quarter and Full Year 2015

Rosh HaAyin, Israel, February 29, 2016, Pointer Telocation Ltd. (Nasdaq: PNTR) - a leading developer, manufacturer and operator of Mobile Resource Management (MRM) services, announced today its financial results for the three month period and fiscal year ended December 31, 2015.

Financial Highlights:

  • Full year revenues of $101 million;
  • Non-GAAP net income: $7.1 million for 2015; $1.3 million for Q4;
  • MRM service revenue grew by over 15% YoY in local currency terms;
  • MRM year-end total subscribers of about 180 thousand, grew up 10% YoY.

 

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