IDSY I.D. Systems, Inc. featured news, full reports, and detailed charts
I.D. Systems, Inc. (IDSY) Wrap Up:
We develop, market and sell wireless solutions for managing and securing high-value enterprise assets. These assets include industrial vehicles, such as forklifts and airport ground support equipment, and rental vehicles. Our patented Wireless Asset Net system, which utilizes radio frequency identification, or RFID, technology, addresses the needs of organizations to control, track, monitor and analyze their assets. Our solutions enable customers to achieve tangible economic benefits by making timely, informed decisions that increase the security, productivity and efficiency of their operations. We have focused our business activities on two primary applications - industrial fleet management and security, and rental fleet management. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f14%2f0001144204-08-015470.html#FIS_BUSINESS"www.id-systems.com
99 Employees
Founded in 1993
ID Systems Inc. (IDSY:NASDAQ)
LAST $3.20 USD
CHANGE TODAY -0.01 -0.31%
VOLUME 9.0K
As of 4:00 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of ID Systems Inc. (IDSY)
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OPEN
$3.22
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PREVIOUS CLOSE
$3.21
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DAY HIGH
$3.34
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DAY LOW
$3.17
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52 WEEK HIGH
12/8/08 - $4.92
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52 WEEK LOW
11/21/08 - $2.78
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MARKET CAP
35.4M
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AVERAGE VOLUME 3 mo
32.7K
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DILUTED EPS TTM
$-0.88
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SHARES OUTSTANDING
11.1M
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IDSY Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
IDSY Top Compensated Officers
Mr. Jeffrey Jagid
Chairman of the Board, Chief Executive Office...
Age: 40
Total Annual Compensation: $312.0K
Mr. Kenneth S. Ehrman
Founder, President, Chief Operating Officer a...
Age: 39
Total Annual Compensation: $255.0K
Mr. Ned Mavrommatis
Chief Financial Officer, Principal Accounting...
Age: 38
Total Annual Compensation: $255.0K
Mr. Michael L. Ehrman
Executive Vice President of Engineering
Age: 37
Total Annual Compensation: $240.0K
Mr. Peter Fausel
Executive Vice President of Sales, Marketing ...
Age: 49
Total Annual Compensation: $270.0K
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for ID Systems Inc. (IDSY)
Nestle Waters North America Initiates Roll Out of Wireless Vehicle Management Technology from ID Systems
11/18/2009
ID Systems Inc. announced that Nestle Waters North America has initiated a series of follow-on purchase orders to implement I.D. Systems' PowerFleet(TM) Vehicle Management System (VMS) on fleets of industrial trucks at six plants in the United States. Nestle Waters initially deployed the system at two sites during the second and third quarters of 2009. The orders were placed by I.D. Systems' strategic marketing partner NACCO Materials Handling Group Inc.
ID Systems Inc. Reports Un-Audited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009
11/3/2009
ID Systems Inc. reported un-audited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported revenues of $1.8 million, compared to $9.3 million for the same quarter in 2008. Net loss was $3.0 million, or $0.27 per basic and diluted share, compared to net income of $619,000, or $0.06 per basic and diluted share, for the third quarter of 2008. Non-GAAP net loss was $2.5 million, or $0.22 per diluted share, compared to non-GAAP net income of $1.3 million, or $0.11 per diluted share for the third quarter of 2008. Loss from operations was $3.4 million compared to income from operations of $185,000 reported for the same quarter last year. For the nine months, the company reported revenues of $7.5 million, compared to $19.1 million for the nine months of 2008. This decrease was primarily attributable to a $7.5 million decrease in revenue from the U.S. Postal Service, due to a spending freeze, and a $5.9 million decrease in revenue from Wal-Mart Stores Inc., partially offset by increased revenue from other customers. Net loss was $8.4 million, or $0.77 per basic and diluted share, compared to net loss of $2.9 million, or $0.27 per basic and diluted share, for the first nine months of 2008. Non-GAAP net loss was $6.8 million, or $0.62 per diluted share, adjusting for $1.6 million in stock-based compensation expenses. For the corresponding period in 2008, non-GAAP net loss was $636,000, or $0.06 per diluted share, adjusting for $2.3 million in stock-based compensation expenses. Loss from operations was $9.7 million, net cash used in operating activities was $4.4 million and purchase of fixed assets was $354,000 compared to loss from operations of $4.8 million, net cash used in operating activities of $5.8 million and purchase of fixed assets was $60,000 reported for the same quarter last year.
ID Systems Inc. expected to Report Fiscal Year 2009 Results on March 1, 2010. This event was calculated by Capital IQ (Created on November 3, 2009).
11/3/2009
ID Systems Inc. expected to Report Fiscal Year 2009 Results on March 1, 2010. This event was calculated by Capital IQ (Created on November 3, 2009).
IDSY Competitors
| Company | Last | Change |
| AirIQ Inc | C$0.01 CAD | 0.00 |
| KMA Global Sol. Intl | €9.21 EUR | -0.38 |
| Numerex Corp | $4.47 USD | 0.00 |
| Sentry Technology Corp | $0.02 USD | +0.0105 |
| Vigil Locating Sys Corp | C$0.0050 CAD | 0.00 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | IDSY | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 2.3x |
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| Price/Book | 0.6x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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IDSY |
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IDSY transactions
| Type Date |
Target |
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Merger/Acquisition
October 19, 2009 |
didBOX Limited |
More Recent News About I.D. Systems, Inc.
More news for IDSY
Beacon Equity Issues Technical Trading Overview for VeriChip Corp.
DALLAS, Sept. 23, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring technology company VeriChip Corp. (Nasdaq:CHIP - News). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision. The investment report on VeriChip Corp. (Nasdaq:CHIP - News) should be of particular interest to other technology companies: AXCESS International Inc. (OTCBB:AXSI - News), Checkpoint Systems Inc. (NYSE:CKP - News) and I.D. Systems Inc. (Nasdaq:...Click here to read the whole Article (external link)
I.D. Systems, Inc. to Announce Q3 2009 Financial Results on November 3, 2009
HACKENSACK, N.J., Oct. 27, 2009 (GLOBE NEWSWIRE) -- I.D. Systems, Inc. (Nasdaq:IDSY - News) will be holding its quarterly financial results conference call for investors and analysts on Tuesday, November 3, 2009 at 4:45 p.m. ET. The financial results announcement is scheduled to cross the wire shortly after the market close on Tuesday, November 3, 2009. I.D. Systems, Inc. is sending out this release regarding Q3-2009 to comply with Federal Regulations FD. Financial analysts will be notified via e-mail with a toll-free number to access the Q3-2009 conference call. Interested parties can also listen to a live webcast at http://www.id-systems.com. Any questions should be directed in advance to ir@id-systems.com. The conference call will be archived at the I.D. Systems website for approximately 90 days. Date: Tuesday, November 3, 2009 Time: 4:45 PM ET About I.D. Systems Based in Hackensack, New Jersey, I.D. Systems is a leading provider of wireless solutions for managing and securing high-value enterprise assets, including industrial vehicles, such as forklifts and airport ground support equipment, and rental vehicles. The Company's patented technology, which utilizes r...Click here to read the whole Article (external link)
Q3 2009 I.D. Systems Earnings Release - After Market Close
Earnings Announcements for Tuesday, November 3CompanySymbolTimeConferenceCall3D SystemsTDSCAfter Market CloseListenAbengoaABG.MC11:45 pm ETListenAcorda TherapeuticsACORBefore Market OpenListenAECON GROUP INCARE.TOAfter Market CloseAGA Medical Holdings, Inc.AGAMAfter Market CloseListenAllis-Chalmers Energy Inc.ALYBefore Market OpenAllos Therapeutics, Inc.ALTHAfter Market CloseListenAlpha Natural Resources, Inc.ANRBefore Market OpenAmerican Capital Ltd.ACASAfter Market CloseListenAmerican Tower Corp.AMT07:00 am ETListenAmeriSourceBergenABCBefore Market OpenListenAMICAS INCAMCSAfter Market CloseAMTRUST FINANCIAL SERVICES INCAFSIAfter Market CloseANIMAL HEALTH INTERNATIONAL INCAHIITime Not SuppliedAnoto Group ABAOTOF.PK02:30 am ETAnworth Mortgage Asset...Click here to read the whole Article (external link)
I.D. Systems, Inc. Q3 2009 Earnings Call Transcript
I.D. Systems, Inc. (IDSY) Q3 2009 Earnings Call November 3, 2009 4:45 pm ET Executives Jeffrey Jagid - Chairman and CEO Ned Mavrommatis - CFO and Treasurer Peter Fausel - EVP - Sales, Marketing and Customer Support Ken Ehrman - President and COO Analysts Brian Ruttenbur - Morgan Keegan Morris Ajzenman - Griffin Securities Walter Schenker - Titan Capital Michael Ciarmoli - Boenning & Scattergood Presentation Operator Good day, ladies and gentlemen, and welcome to the I.D. Systems’ Q3 2009 Conference Call. Today’s call is being recorded. At this time, I would like to turn the call over to Jeffrey Jagid. Please go ahead, sir. Jeffrey Jagid Thank you. Welcome to I.D. Systems’ fiscal 2009 third quarter conference call. Thank you for joining us today. I’m Jeff Jagid, the Chairman and CEO of I.D. Systems. With me are Ned Mavrommatis, our CFO; Peter Fausel, our EVP of Sales and Marketing; and Ken Ehrman, our President and Chief Operating Officer. I have some opening comments; Ned will review our financial results; Pete will discuss recent sales activities and Ken will update you on some key developments of this quarter. We will then all be pleased to answer any questions you may have. Before we begin, let me reiterate the Safe Harbor statement under the Private Securities Litigation Reform Act of 1995. The following discussion contains forward-looking statements that are subject to risks and uncertainties, including but not limited to, the impact of competitive products, product demand and market acceptance risks, fluctuations in operating results and other risks detailed from time-to-time in I.D. Systems’ filings with the Securit...Click here to read the whole Article (external link)
I.D. Systems, Inc. Reports Third Quarter Financial Results
HACKENSACK, N.J., Nov. 3, 2009 (GLOBE NEWSWIRE) -- I.D. Systems, Inc. (Nasdaq:IDSY - News) today announced its financial results for the third quarter of 2009. Revenues for the three months ended September 30, 2009 were $1.8 million, compared to $9.3 million for the three months ended September 30, 2008. Gross margin was 48.8%, compared to 51.1% for the third quarter of 2008. Net loss for the quarter was $3.0 million, or ($0.27) per basic and diluted share, compared to net income of $619,000, or $0.06 per basic and diluted share, for the third quarter of 2008. Non-GAAP net loss for the quarter was $2.5 million, or ($0.22) per basic and diluted share, compared to non-GAAP net income of $1.3 million, or $0.12 per basic share and $0.11 per diluted share, for the third quarter of 2008. Non-GAAP results were calculated by adjusting GAAP net income (loss) for the impact of stock-based compensation, which was $559,000 for the third quarter of 2009 and $665,000 for the third quarter of 2008. A table entitled "Reconciliation of GAAP to Non-GAAP Financial Measures" is included in this press release. Jeffrey Jagid, I.D. Systems' chairman and chief executive officer, said, "Cautionary technology spending in the industrial marketplace continued to impact our ability to close business in the short term. Our strong results in the third quarter a year ago were driven by a large order for our wireless industrial vehicle management system by one of our core customers. We did not meet our goals for closing orders of similar magn...Click here to read the whole Article (external link)
New Star Analyst Rankings for I.D. Systems, Inc.
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Copyright © 1999-2003, StarMine Corp. All rights reserved.StarMine Corp. derives analyst ratings from estimate and recommendation data supplied by Thomson Financial.Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and...Click here to read the whole Article (external link)
ID SYSTEMS INC Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
ID SYSTEMS INC Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis of Consolidated Financial Condition and Consolidated Results of Operations The following discussion and analysis of the consolidated financial condition and results of operations of I.D. Systems, Inc. (the "Company," "we" or "us") should be read in conjunction with the consolidated financial statements and notes thereto appearing elsewhere herein. This report contains various forward-looking statements made pursuant to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995 and information that is based on management's beliefs as well as assumptions made by and information currently available to management. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, the Company can give no assurance that such expectations will prove to be correct. When used in this report, the words "anticipate", "believe", "estimate", "expect", "predict", "project", and similar expressions or words, or the negatives of those words, are intended to identify forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof, and should be aware that the Company's actual results could differ materially from those described in the forward-looking statements due to a number of factors, including business conditions and growth in the wireless tracking industries, general economic conditions, lower than expected customer orders or variations in customer order patterns, competitive factors including increased competition, changes in product and service mix, and resource constraints encountered in developing new products and other factors described under "Risk Factors" set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2008 and other filings with the Securitie...Click here to read the whole Article (external link)
ID SYSTEMS INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits
Item 2.02. Results of Operations and Financial Condition. On November 3, 2009, I.D. Systems, Inc. (the "Registrant") issued a press release regarding results for the quarter ended September 30, 2009. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information in this report is being furnished pursuant to Item 2.02 of Form 8-K, insofar as it discloses historical information regarding the Registrant's results of operations and financial condition as of, and for, the quarter ended September 30, 2009. In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing. Forward-Looking Statements This Current Report on Form 8-K, including Exhibit 99.1 furnished herewith, contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements typically are identified by use of terms such as "may," "will," "should," "plan," "expect," "anticipate," "estimate" and similar words, and the opposites of such words, although some forward-looking statements are expressed differently. Forward-looking statements represent the judgment of management of the Registrant regarding future events. Although the Registrant believes that the expectations reflected in such forward-looking statements are reasonable, the Registrant can give no assurance that such expectations will prove to be correct. All statements other than statements of historical fact i...Click here to read the whole Article (external link)
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