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Technology / AI and automation

COMPANY RESULT: INTELLIGENT ELECTRONICS INC

Intelligent Electronics Inc, the Exton, Pennsylvania-based information technology products and services provider, has reported second quarter net losses of $34.4m up from losses last time of $2.4m on turnover down 15.2% at $186.8m; mid-term net losses rose to $46.5m from $5.6m on turnover down 5.5% at $386.2m. The second quarter includes a one time loss of $27.2m from the disposal certain parts of the company’s business.

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CBR Staff Writer

CBR Online legacy content.