B-Scada, Inc. Reports Revenue Results for the Six Months Ended April 30, 2015; Provides Revenue Guidance for the Fiscal 2015
June 12, 2015 at 01:31 pm EDT
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B-Scada, Inc. reported revenue results for the six months ended April 30, 2015. The company reported revenue for the six months ended April 30, 2015 was $1,000,194, up from $843,546 for the same period in 2014.
The company expects its fiscal 2015 to be for lower than expected revenues for the last two quarters due primarily to the slow-down in the petrochemical sector, and the slow uptake of additional Status Enterprise licenses.
B-Scada, Inc. is engaged in the business of developing software and hardware products for the visualization and monitoring of data in residential and commercial settings and in heavy industries. The Company provides software and hardware solutions for the monitoring and analysis of real time data in the supervisory control and data acquisition (SCADA), IoT (Internet of Things) and smart city domains. Its systems are sold around the world in various verticals, including building automation, transportation, smart grid, manufacturing, agriculture, and commerce. Its solutions are deployed onsite and as cloud-hosted solutions in a software as a service (SaaS) model. It specializes in the compelling visualization of real-time data and has produced data visualization solutions for manufacturing, power and utilities, automation, and other fields of business making use of human machine interface (HMI) and SCADA software products. The Company's products are marketed and sold globally.