Digital Recorders, Inc. Reports Increased Third Quarter Revenues.
Business Wire › November 14, 2001
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Digital Recorders, Inc. Reports Increased Third Quarter Revenues.
Business Editors
DALLAS--(BUSINESS WIRE)--Nov. 14, 2001 Digital Recorders, Inc. (NASDAQ: TBUS), a market leader in transit, transportation and law enforcement digital-communications and audio-enhancement systems, announced today that it had $10.70 million in third-quarter revenues, a 44.5 percent gain from the same period last year. This increase for the quarter ended Sept. 30, 2001, includes revenue for the Company's Swedish transit-market subsidiary, Mobitec AB (Mobitec), which it acquired in late June 2001. The Company's continuing businesses achieved a 9.6 percent sales increase. "Wit...See the full content of this document
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