earnings
confidence high
sentiment neutral
materiality 0.60
Autoscope Q3 revenue down 13% to $3.3M; net income $613K; declares $0.12 dividend
AUTOSCOPE TECHNOLOGIES CORP
2021-Q3 EPS reported
$0.47
revenue$10,039,000
- Q3 revenue $3.3M (down 13% YoY); net income $613K ($0.11 eps) vs $659K ($0.12) prior year.
- Royalties rose 12% to $2.5M; product sales fell 48% to $805K.
- Operating expenses down 11% to $2.0M; gross margin improved to 82%.
- Dividend $0.12 declared, payable Nov 29 to record Nov 22.
- CEO cites highway labor shortages, supply chain delays but expects RTMS Echo adoption to accelerate.