AATC
Autoscope Technologies Corporation6.18
-0.01-0.16%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
33.97MP/E (TTM)
6.94Basic EPS (TTM)
0.89Dividend Yield
0.09%Recent Filings
8-K
Deregisters stock, boosts dividend
Autoscope Technologies filed Form 15 on January 17, 2023, to deregister its common stock under Section 12(g) of the Exchange Act, suspending SEC reporting obligations immediately due to fewer than 300 shareholders. This move cuts compliance costs, allowing management to prioritize operations amid resolved supply chain issues and restored profitability. The board will hike the quarterly dividend from $0.12 to $0.13 per share. Yet, forward-looking plans hinge on market maker interest for OTC trading.
8-K
Voluntary Nasdaq delisting announced
Autoscope Technologies announced on December 21, 2022, its plan to voluntarily delist common stock from Nasdaq and deregister with the SEC, effective January 9, 2023, after filing Form 25 around December 30. With fewer than 300 shareholders and restored profitability post-supply chain issues, the move cuts compliance costs while shifting trading to OTCQX. The board hiked the quarterly dividend from $0.12 to $0.13 per share. Delisting saves resources, but forward-looking plans hinge on market stability.
8-K
Q3 earnings up slightly
Autoscope Technologies reported Q3 net income of $644,000, edging up from $613,000 last year, while royalties climbed 5.7% to $2.6 million on stronger Autoscope Vision sales. Product sales dropped 32% to $0.5 million amid labor shortages delaying installations, trimming total revenue 3.6% to $3.2 million. Cash dwindled to $3.4 million after dividends and investments. The board declared a $0.12 per share dividend, payable December 5. Supply chain woes persist.
10-Q
Q3 FY2022 results
Autoscope Technologies posted steady Q3 revenue of $3.2M, down 3.6% y/y yet edging up from Q2's derived pace, with royalties climbing 5.7% y/y to $2.6M on stronger Autoscope Vision sales while product sales dipped 31.9% y/y to $0.5M amid installation delays from labor shortages. Gross profit held at $2.6M with a 82.3% margin, but operating income rose 12.3% y/y to $796K as expenses trimmed on lower headcount; diluted EPS ticked to $0.12, aligning with 5,395K shares. Cash dwindled to $3.4M after $1.9M dividends and $3.0M investing outflows, offset by $289K operating cash flow, while $1.7M debt at 3.95% matures in 2026 with no revolver noted. Intersection segment revenue stayed flat y/y at $2.7M, dominating 84% of total. Supply chain snarls linger as a key risk.
8-K
CEO resigns; interim named
Autoscope Technologies Corporation announced on November 4, 2022, that CEO Andrew T. Berger resigned effective November 10, 2022, but will remain as Executive Chair. The board appointed Frank Hallowell, current CFO and ISNS President, as interim CEO, leveraging his deep operational and financial expertise. This shift ensures continuity amid Berger's ongoing board role. Leadership transitions carry inherent risks to strategy execution.
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