Spotlight Growth
No Result
View All Result
Saturday, February 4, 2023
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener
No Result
View All Result
No Result
View All Result
Home Technology

Inpixon (NASDAQ: INPX) Surges 53% After Shipping A Record Number of the IPA Sensor Model 4000SE in Q4 2018

by admin
December 20, 2018
in Technology
0
Inpixon Shipping Record Number IPA Sensor Model 4000SE NASDAQ INPX News

Inpixon Shipping Record Number IPA Sensor Model 4000SE NASDAQ INPX News

Inpixon (NASDAQ: INPX) is an indoor positioning and data analytics company. Shares surged 53.10% through early trading on Thursday, December 20, 2018. Over the past three months, Inpixon has seen an average daily volume of 365,120 shares. However, through Thursday morning, 8.25 million shares have traded hands, equating to $37.8 million in dollar volume.

Shares jumped Thursday morning after Inpixon announced that in Q4 2018, it shipped a record number of its flagship IPA Sensor model 4000SE, which represents a 100% increase over its highest shipment from any previous quarters. Inpixon has been receiving significant orders of its wall- or ceiling-mounted SKUs and its IPA Portable Sensor Kits (PSK) from a multitude of industries in the US, Canada, Europe, and the Middle East. Nadir Ali, CEO of Inpixon, commented, “This quarter we’ve also proven we can scale production to meet the increased demand. We believe this is important because research firm MarketsandMarkets forecasts this market will grow at 42% CAGR to USD 40.99 Billion by 2022.” Here is the full press release detailing Inpixon’s record shipments in Q4 2018.

Inpixon Press Release:

PALO ALTO, Calif., Dec. 20, 2018 (GLOBE NEWSWIRE) — Inpixon (INPX), a leading indoor positioning and data analytics company, today reported that it has shipped a record number of its flagship IPA Sensor model 4000SE in Q4 2018. The shipments will represent an increase of more than 100% over its highest number of shipments in any prior quarter. The company has seen strong shipments of both wall- or ceiling-mounted SKUs as well as IPA Portable Sensor Kits (PSK) into the U.S., Canada, Europe and the Middle East across a number of industries including government, corrections, high tech, retail, finance, telecom and events.

Increased shipments and a favorable pipeline of prospective sales opportunities can be attributed to a number of factors. Regulators are imposing mandates that government facilities mitigate mobile phone security risk in secure areas (CNSS Directive No 501 is one example). In addition, existing customers are buying additional sensors and owners of previous generation sensors are upgrading to the newer 4000SE sensors. Inpixon reseller partners are also buying IPA for, among other things, installation in demo rooms or for portable demonstration ability.

“I believe the increased shipments validate that the market needs the high level of innovation delivered by our products,” said Nadir Ali, Inpixon CEO. “For example, the sensors from other companies pick up only Wi-Fi…or only Bluetooth; they miss many wireless devices. We believe the market is turning to Inpixon because our sensors see more of the unseen. Inpixon IPA detects and locates Wi-Fi, Bluetooth, cellular and active RFID devices. We also apply advanced algorithms including machine learning artificial intelligence (AI) to deliver faster, more accurate, and more insightful intelligence. This quarter we’ve also proven we can scale production to meet the increased demand. We believe this is important because research firm MarketsandMarkets forecasts this market will grow at 42% CAGR to USD 40.99 Billion by 2022.”

About Inpixon
Inpixon (INPX) is a leader in Indoor Positioning Analytics (IPA). Inpixon IPA Sensors are designed to find all accessible cellular, Wi-Fi, and Bluetooth devices anonymously. Paired with a high-performance data analytics platform, this technology delivers visibility, security, and business intelligence on any commercial or government location worldwide. Inpixon’s products and professional services group help customers take advantage of mobile, big data, analytics, and the Internet of Things (IoT) to uncover the untold stories of the indoors. For the latest insight on IPA, follow Inpixon on LinkedIn, @InpixonHQ on Twitter, and visit inpixon.com.

Safe Harbor Statement
All statements in this release that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Act, and Section 21E of the Securities Exchange Act of 1934, as amended. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of Inpixon and its subsidiaries, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the fluctuation of global economic conditions, the performance of management and employees, Inpixon’s ability to obtain financing, competition, general economic conditions and other factors that are detailed in Inpixon’s periodic and current reports available for review at sec.gov. Furthermore, Inpixon operates in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. Inpixon disclaims any intention to, and undertakes no obligation to, update or revise forward-looking statements.

Article By: Andrew Rego

Tags: common stockdatadata analyticsemerging growthInpixoninvestinginvestmentmanufacturingmicrocap stocksNASDAQnewspublic companysalesservicesshippingsmall cap companiessmall cap stockssmall capsSpotlight GrowthSpotlight Growth Stocksstock marketstockstechtech newsTechnologytechnology stockstrading
  • Trending
  • Comments
  • Latest
Asure Software NASDAQ ASUR Human Capital Management HCM Industry Spotlight Growth

Asure Software (NASDAQ: ASUR) is Expanding to Meet the Rising Demand for Human Capital Management Software

September 27, 2022
OLB Group NASDAQ OLB Cuentas NASDAQ CUEN Partnership Fintech Spotlight Growth

OLB Group (NASDAQ: OLB) and Cuentas (NASDAQ: CUEN) Team Up to Bring Fintech Solutions to Over 32,000 Bodegas Across the United States

October 6, 2022
Siyata Mobile NASDAQ SYTA SYTAW SD7 VK7 Purchase Orders Spotlight Growth

New Purchase Orders for SD7 Rugged Device, VK7, and Other Accessories Boost Siyata Mobile’s Outlook (NASDAQ: SYTA)

December 14, 2021
Telcoin TEL Crypto Spotlight Growth

Telcoin (TEL) Quietly Leads a Crypto Remittance Revolution

June 15, 2021
Cybersecurity Stocks Coming Into Focus Amid High-Profile Attacks

Cybersecurity Stocks Coming Into Focus Amid High-Profile Attacks

0
Safe-T SFET NASDAQ UN Presentation

Safe-T (NASDAQ: SFET) Has Been Selected to Present at the United Nations’ Office of Information and Communications Technology Event

0
Safe-T Group SFET Q4 FY 2020 Financial Results

Safe-T Group (NASDAQ: SFET) Reports Fourth Quarter and Full Year 2020 Financial Results

0
Safe-T Group NASDAQ SFET FY 2020 Prelim

Safe-T Group Ltd. (NASDAQ: SFET) Estimates Record-High Annual Revenues of Approximately $4.9 Million Representing ~50% Growth YoY 2020

0
Can the AI Boom Rebuild Investor Enthusiasm for Upstart Holdings NASDAQ UPST Spotlight Growth

Can the AI Boom Rebuild Investor Enthusiasm for Upstart Holdings (NASDAQ: UPST)?

February 3, 2023
Nerdy NYSE NRDY New AI Products Lesson Plan Creator Chat Tutor Spotlight Growth

Nerdy (NYSE: NRDY) Unveils New AI Tools for Lesson Plan Creation and Chat Tutoring

February 3, 2023
Elys Game Technology Corp NASDAQ ELYS Completes Acquisition of Engage IT Services Spotlight Growth

Elys Game Technology Corp (NASDAQ: ELYS) Completes Acquisition of Engage IT Services, a Software Engineering and IT Development Company

February 2, 2023
Tenax Therapeutics NASDAQ TENX US Patent Levosimendan PH-HFpEF Spotlight Growth

Tenax Therapeutics (NASDAQ: TENX) Granted U.S. Patent for IV Levosimendan for Pulmonary Hypertension with Heart Failure and Preserved Ejection Fraction (PH-HFpEF)

February 2, 2023
ADVERTISEMENT

Recent News

Can the AI Boom Rebuild Investor Enthusiasm for Upstart Holdings NASDAQ UPST Spotlight Growth

Can the AI Boom Rebuild Investor Enthusiasm for Upstart Holdings (NASDAQ: UPST)?

February 3, 2023
Nerdy NYSE NRDY New AI Products Lesson Plan Creator Chat Tutor Spotlight Growth

Nerdy (NYSE: NRDY) Unveils New AI Tools for Lesson Plan Creation and Chat Tutoring

February 3, 2023

Categories

  • Bio/Med/Pharma
  • Cannabis
  • Commodities
  • Consumer Goods
  • Crowdfunding
  • Crypto Cheat Sheets
  • Cryptocurrency
  • Earnings
  • Education
  • Entertainment
  • Financials
  • Market News
  • Opinion
  • Politics
  • Real Estate
  • Split Watch
  • Sponsored
  • Store
  • Technology
  • Uncategorized
  • Venture Capital/Private Equity (VC/PE)

Site Navigation

  • Disclosures
  • Terms Of Service
  • Privacy Policy
  • Contact Us

Copyright © 2017-2022 Spotlight Growth. All Right Reserved. Designed by Cool Cat Interactive.

No Result
View All Result
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener

Copyright © 2017-2022 Spotlight Growth. All Right Reserved. Designed by Cool Cat Interactive.

Newsletter Signup

Subscribe to our weekly newsletter below and never miss the latest small/micro-cap analysis and investment news from Spotlight Growth.

Enter your email address

Thanks, I’m not interested