Arbitration Judgment Issued in Image Sensing Systems Lawsuit with Econolite
Image Sensing Systems, Inc (ISNS)
US:NASDAQ Investor Relations:
imagesensing.com/company/investors.html
Company Research
Source: GlobeNewswire
ST. PAUL, Minn., Jan. 26, 2018 (GLOBE NEWSWIRE) -- Image Sensing Systems, Inc. (“ISS”) (NASDAQ:ISNS) has received a binding arbitration award related to its arbitration with Econolite Control Products, Inc. (“Econolite”), the exclusive distributor of ISS’ Autoscope® products in North America. In the award, ISS is to pay Econolite $262,000 for unused RTMS® inventory and $246,000 for RTMS royalties. ISS was awarded $205,000 for RTMS royalties already paid to Econolite. ISS had recorded $303,000 of expense in its financial statements as of and for the quarter ended December 31, 2017, which will be reflected in its financial statements to be included in its Annual Report on Form 10-K for the year ended December 31, 2017. Chad Stelzig, President and CEO of ISS, said, “We feel strongly that there was a solid contractual agreement with Econolite that favored ISS’ position in the arbitration and that we could successfully defend against all elements of the claim Econolite filed against I
Show less
Read more
Impact Snapshot
Event Time:
ISNS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ISNS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ISNS alerts
High impacting Image Sensing Systems, Inc news events
Weekly update
A roundup of the hottest topics