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Route1 Inc V.ROI

Alternate Symbol(s):  ROIUF

Route1 Inc. is a technology company that enables its clients with data-centric solutions. It brings security and operations together with real-time actionable intelligence to enhance safety and security, drive profitability and improve operational efficiencies. It is engaged in software development, network operations, and cybersecurity. It provides advanced data in a usable format from video capture technologies to enhance safety and security and improve operational efficiency. Its solutions include enterprise solutions and smart communities. Its AutoVu ALPR (advanced license plate recognition), manages its parking lots with pay-by-plate technologies. Its surveillance and video intelligence technology includes Omnicast, Stratocast, Body-Worn Cameras, In-Car Video and Synergis Access Control. Its Security Center Synergis IP access control connects to third-party access control devices. Its services include advisory and analysis, project management, design and engineering and others.


TSXV:ROI - Post by User

Bullboard Posts
Comment by simonquinnon Aug 29, 2012 3:39pm
61 Views
Post# 20275945

RE: RE: RE: RE: But I do know

RE: RE: RE: RE: But I do know

Are you saying - service revenue - is the award for 2nd qtr?

 

Operating results for the second quarter were positively affected by the proceeds of an arbitration award which were received in January 2012. For the quarter ended June 30, 2012,
.6 million of service revenue was included in the Company's financial statements

 

THEN WHAT WAS MEANT BY 1ST QTR?

 

Results for the first quarter were positively affected by the proceeds of an arbitration award of approximately $3.4 million which was received on January 24, 2012. For the quarter ended March 31, 2012, $1.1 million of devices and appliances revenue,
.6 million of service revenue and
.6 million of cost of revenue were included in the Company's financial statements. As previously disclosed, the cost of pursuing the arbitration was highlighted in the 2011 financial statements

Bullboard Posts