Xplore Technologies Reports Fiscal Second Quarter 2017 Results

XPLORE TECHNOLOGIES CORP.
Consolidated Statements of Loss—Unaudited
(in thousands of dollars, except share and per share amounts)
 
    Three Months Ended   Six Months Ended
    September 30,
2016
  September 30,
2015
  September 30,
2016
  September 30,
2015
                 
Revenue     $ 20,007     $ 28,853     $ 36,480     $ 52,896  
Cost of revenue       14,371       20,744       25,980       36,637  
Gross profit       5,636       8,109       10,500       16,259  
                 
Expenses:                
Sales, marketing and support       2,896       3,642       6,331       7,262  
Product research, development and engineering       1,317       1,577       2,270       3,407  
General administration       1,868       2,487       3,907       4,818  
      6,081       7,706       12,508       15,487  
Income (loss) from operations       (445     403       (2,008     772  
                 
Other income (expense):                
Other       (22     (131     (77     (68
Cost of integration               (122             (792
Interest expense      (69     (52     (118     (58
      (91     (305     (195     (918
Income (loss) before income taxes      (536 )     98       (2,203 )     (146 )
Income tax (expense) benefit                      (80        
Net income (loss)   $    (536   $    98     $   (2,283   $    (146
 

Income (loss) per common share, primary  
  $ (0.05 )   $ 0.01     $ (0.21 )   $ (0.01 )
 

Income (loss) per common share, fully diluted  
  $     $ 0.01     $     $  
Weighted average number of common shares outstanding, basic       10,926,542       10,811,056       10,917,498       10,800,441  
Weighted average number of common shares outstanding, fully diluted               10,922,795                  



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