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Benzinga
Benzinga
Business
Adam Eckert

Why Did Insignia Systems Shares Surge Today?

Insignia

Insignia Systems Inc (NASDAQ:ISIG) surged Wednesday after the company reported fourth-quarter financial results. 

Insignia said fourth-quarter revenue declined 10.4% year-over-year to $4.5 million. The company reported a quarterly earnings loss of 56 cents per share, which was worse than the loss of 55 cents per share in the fourth quarter of 2020.

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