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Article: Iteris, Inc. Reports Second Quarter Revenue of $14.9 Million.(Financial report)
- Article from:
- Marketing Weekly News
- Article date:
- November 7, 2009
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Iteris, Inc. (NYSE Amex: ITI), a leader in the traffic management market that focuses on the application and development of advanced technologies, reported financial results for its fiscal second quarter ended September 30, 2009.
For the quarter ended September 30, 2009, Iteris, Inc. (the "Company") reported net sales and contract revenues of $14.9 million, which represents a sequential increase of 1.6 percent compared to $14.6 million reported in the preceding quarter. The sequential increase was primarily a result of a 20.5 percent increase in Roadway Sensors net sales to $7.1 million and a 30.5 percent increase in Vehicle Sensors net sales to $1.4 million. ...