Wireless Ronin’s Earnings

June 1, 2010 - DS Digital Signage, rAVe [PUBS],

There are very few public companies in the DS market, so we try to show you the earnings of a few of them to give you a success barometer; however, keep in mind, some company’s product offerings suck, so their earnings may not be indicative of the market as a whole:

Wireless Ronin reported revenue of $1.1 million for the first quarter of 2010, a 25 percent decrease from $1.4 million in the first quarter of 2009. As of March 31, 2010, the Company had received purchase orders totaling approximately $1.1 million for which it had not recognized revenue. The year-over-year decline in revenue was primarily the result of fewer digital signage deployments, partially offset by an increase in services revenue, as the Chrysler iShowroom initiative continued to expand.