News blog
Transense Technologies
- BY: Andrew Hore |
- POSTED: 24/12/2019 |
Pressure and temperature monitoring equipment supplier Transense Technologies says that iTrack subscriptions are 40% ahead year-on-year.
Group interim revenues will be in line with last year, but overheads have increased so the interim loss will be higher.
The second half should be stronger with revenues expected to increase from £2.2m to £4m. That will enable a reduction in loss. This depends on iTrack subscriptions continuing to grow, helped by the deal with Bridgestone. Trials are being undertaken and these will need to turn into new subscriptions to achieve the target.
© 2021 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|