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Autoscope Technologies Corporation - AATC STOCK NEWS

Welcome to our dedicated news page for Autoscope Technologies Corporation (Ticker: AATC), a resource for investors and traders seeking the latest updates and insights on Autoscope Technologies Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Autoscope Technologies Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Autoscope Technologies Corporation's position in the market.

Rhea-AI Summary
Autoscope Technologies (AATC) reported positive financial results for Q4 2023 and full-year 2023. Royalties increased by 5% to $2.5 million in Q4, while product sales surged by 219% to $102,000. Operating expenses remained steady at $2.0 million. For the full year, royalties rose by 58% to $13.0 million, but product sales dropped by 53% to $173,000. Net income from continuing operations saw a significant increase to $4.5 million in 2023. The company's cash balance also grew to $6.5 million, up from $1.2 million in the prior year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.85%
Tags
earnings
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Rhea-AI Summary
Autoscope Technologies Corporation (AATC) declares a regular quarterly dividend of $0.13 per share, payable on March 5, 2024, to shareholders of record on February 27, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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dividends
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Rhea-AI Summary
Butler National appoints two independent directors and CEO to the Board of Directors, enhancing aviation expertise and shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
none
Rhea-AI Summary
Butler National appoints two independent directors and CEO to the Board of Directors, enhancing aviation expertise and shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.67%
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none
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Rhea-AI Summary
Autoscope Technologies Corporation (AATC) declared a special one-time cash dividend of $1.32 per share of common stock, payable on February 12, 2024, to shareholders of record at the close of February 5, 2024. The Board of Directors determined that the payment of a special dividend was in the best interest of the Company and its shareholders, based on the Company's current financial position and business outlook. Andrew Markese, Autoscope Technologies Interim CEO, expressed satisfaction with the decision, highlighting the company's adequate capital resources to meet its business needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.33%
Tags
dividends
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Rhea-AI Summary
Autoscope Technologies Corporation (AATC) has announced the 2024 Annual Meeting of Shareholders to be held on February 8, 2024, as a completely virtual meeting. The record date for shareholder entitlement is January 17, 2024. Proxy materials will be delivered over the Internet.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
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none
Rhea-AI Summary
Autoscope Technologies Corporation (AATC) announced the retirement of Frank G. Hallowell, the Interim CEO, CFO, and Corporate Secretary, with Andrew Markese being promoted to President and CEO of ISNS and Interim CEO of AATC. Lori Schug has been promoted to CFO and Corporate Secretary of AATC and ISNS. The company has achieved financial stability and is well positioned for growth and diversification.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
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Rhea-AI Summary
Autoscope Technologies Corporation (AATC) announces a $0.13 per share quarterly cash dividend. The sale of the RTMS radar detection product line to Sensys Networks, Inc. has resulted in the discontinuation of those operations. Third-quarter 2023 saw increased demand for Autoscope Vision, driving higher royalty revenue. Net income for the third quarter of 2023 totaled $1.5 million, an increase of $0.9 million compared to the same period in the prior year. Year-to-date 2023 saw a 72% increase in revenue compared to the same period in 2022, with net income totaling $3.4 million. Cash and cash equivalents increased to $3.3 million, an increase of 176% from December 31, 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.7%
Tags
dividends earnings
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Rhea-AI Summary
Autoscope Technologies Corporation declares regular quarterly dividend of $0.13 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
Tags
dividends
Rhea-AI Summary
Autoscope Technologies Corporation announced the sale of its RTMS radar detection product line to Sensys Networks for $4.8 million in cash.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.31%
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none
Autoscope Technologies Corporation

OTC:AATC

AATC Rankings

AATC Stock Data

33.29M
4.30M
12.46%
0.06%
Other Measuring and Controlling Device Manufacturing
Manufacturing
Link
US
St Paul

About AATC

iss is a provider of above ground detection and information management solutions for the intelligent transportation systems (its) sector. iss’ industry leading products include the autoscope® video detection family and the rtms radar detection family.