Insignia Systems Shares Rise In Morning Trade

On:

Shares of Insignia Systems, Inc. (ISIG) are rising more than 13% Wednesday morning after reporting improved results for the first quarter.

Insignia Systems provides in-store advertising solutions to consumer-packaged goods manufacturers, retailers, shopper marketing agencies, and brokerages.

The company reported a profit of $1.65 million or $0.91 per share, higher than 62,000 or $0.03 per share in the same quarter a year ago.

Net sales increased 108.7% to $12.83 million from $6.15 million last year.

ISIG, currently at $8.51, has been trading in the range of $5.48-$11.82 in the last 52 weeks.

Source: Read Full Article

Lates News:
  1. Bloomberg Analysts Now See a 75% Chance A Spot Bitcoin ETF Will Launch In 2023
  2. Bitcoin ($BTC) Price Hitting $100,000 Is a 'Matter of Time', Says Bloomberg Analyst
  3. MicroStrategy's Michael Saylor Signals Elon Musk to Purchase More Bitcoin
  4. Johnson & Johnson Rises On Upbeat Quarterly Results, Outlook
  5. AngloGold Ashanti Adds 6% On Decision To Invest $$$ In G2 Goldfields