Micronet Ltd. provided earnings guidance for the year ended December 31, 2016. The company estimates its revenues for the fiscal year ended December 31, 2016 to be between $13.5 and to $14.1 million in comparison to revenues of $14.580 million for the fiscal year ended December 31, 2015. On February 19, 2017, the company publicly announced in Israel that it expects to incure loss for the fiscal year ended December 31, 2016.