AATC - Autoscope posts preliminary unaudited Q4 sales of $3.7M Q1 of $3.8M

2023-04-17 16:53:49 ET

• Autoscope Technologies ( OTCQX:AATC ) said its unaudited fourth quarter revenue was $3.7M compared to $3.2M, a year earlier.
• Revenue from royalties were up 34% to $2.4M in the fourth quarter vs $1.8M, a year ago, primarily from the increased availability of components to fulfill the sales order backlog.
• Product sales were $1.3M, a decrease of 9% from the same period in the prior year.
• The 2023 first quarter revenue for the company was $3.8M compared to $2.8M, a year earlier.
• Royalties rose 65% to $3M.
• Product sales were up 14% to $0.8M.
• Press Release

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