Inpixon Reports Financial Results for the Third Quarter Ended September 30, 2017 and Provides Corporate Update
Conference Call to Be Held Today at 4:30 pm Eastern Time
PALO ALTO, Calif. – Inpixon (NASDAQ: INPX), a leading indoor positioning and data analytics company, today reported financial results for the third quarter ended September 30, 2017 and provided an update on corporate developments.
Third Quarter 2017 Financial Highlights:
- 2017 Q3 revenue of $11.9 million
- 2017 Q3 gross margin of 19%
- 2017 Q3 GAAP net loss of $1.56 per share
- 2017 Q3 Proforma Non-GAAP net loss1 of $0.46 per share
- 2017 Q3 Non-GAAP Adjusted EBITDA1 loss of $3.1 million
“Inpixon advanced the Indoor Positioning Analytics (IPA) products and services with a growing number of notable global channel partners in the third quarter. We believe that these partnerships, along with a few others that we hope to announce in the near future, will provide for faster growth and further commercial validation,” said Nadir Ali, Inpixon’s CEO. “We also have pilot programs underway with large prospective clients in both our Security and Retail segments and are encouraged by the valuable outcomes we are demonstrating. We continue to streamline operations and growth by separating our IPA and VAR business segments to drive efficiencies and reduce costs. We have made reductions in field offices and headcount which we believe will represent approximately $6M in cost savings on an annualized basis. We are also focusing our capital on market-driven product development […]
Inpixon To Announce Third Quarter 2017 Financial Results and Provide Company Update on Monday, November 20, 2017
PALO ALTO, Calif. – Inpixon (NASDAQ: INPX), a leading indoor positioning and data analytics company, today announced that it will issue Third Quarter 2017 financial results for the period ended September 30, 2017, and provide an update on corporate developments at 4:05pm eastern time on Monday, November 20, 2017.
Management will host a conference call on Monday, November 20, 2017, at 4:30pm Eastern Time to review financial results and corporate highlights. Following management’s formal remarks, there will be a question and answer session.
To listen to the conference call, interested parties within the U.S. should call 1-844-824-3831. International callers should call +1-412-317-5141. All callers should ask for the Inpixon conference call. The conference call will also be available through a live webcast, which can be accessed at http://client.irwebkit.com/inpixon/events.
A replay of the call will be available approximately one hour after the end of the call through December 20, 2017. The replay can be accessed via Inpixon’s website or by dialing 1-877-344-7529 (U.S.) or +1-412-317-0088 (international). The replay conference playback code is 10114477.
Inpixon (NASDAQ: INPX) is a leader in Indoor Positioning and Data Analytics. Inpixon sensors are designed to find all accessible cellular, Wi-Fi, and Bluetooth devices anonymously. Paired with a high performance, data analytics platform this technology delivers visibility, security, and business intelligence on any commercial or government premises world-wide. Inpixon’s products, infrastructure solutions, and professional […]
PALO ALTO, Calif.–(BUSINESS WIRE)–Inpixon (NASDAQ:INPX), a leading indoor positioning and data analytics company, today announced a partnership with GTRI, an innovator in IT consulting and services, to render comprehensive three-dimensional physical cybersecurity solutions, including Inpixon Indoor Positioning Analytics (IPA) Security Dome, for physical premises, airwaves and wireless devices.
“Our partnership with GTRI, one of the top Federal solution provider firms in the United States, strengthens our reach in the security market by delivering the benefits of advanced security and visibility to combat risks associated with Bring-Your-Own-Device (BYOD) and IoT”
Inpixon IPA Security Dome detects all transmitting signals within a physical zone to address the vulnerabilities of unknown Internet of Things (IoT) devices infiltrating the area and reinforce physical cybersecurity for both organizations and individuals. GTRI will leverage the technology to enable government organizations and enterprises to identify, prioritize and isolate any potential exposures while upholding availability, security and compliance standards and regulations.
“Our partnership with GTRI, one of the top Federal solution provider firms in the United States, strengthens our reach in the security market by delivering the benefits of advanced security and visibility to combat risks associated […]