Ike forecasts record Sept-qtr revenue

Thu, 05 Sep 2019

By Gavin Evans Sept. 6 (BusinessDesk) - Utilities measurement specialist IkeGPS is forecasting record second-quarter revenue of $5 million and says it may break-even in the three months ending September. The company, which had previously been aiming for profitability before interest, tax, depreciation and amortisation in the March quarter, said it was ebitda-positive in May and June and that that positive trend had continued in recent months. It expects to deliver record gross margin of about $3.6 million in the September quarter, equi...

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