Daily Picks for 11/10/16

Daily Picks for 11/10/16

Welcome to the Daily Picks! Where Uptick staff looks for new companies to feature, giving readers the opportunity to find new possibilities for their investment portfolios. 

 

FLUX: Flux Power Holdings, Inc.

Flux Power Q1 ’17 Revenues Rose 71% to $293,000 on Initial Sales Ramp of Lithium-Ion Batteries for “Walkie” Pallet Jack Forklifts

Flux Power Holdings, Inc. (OTCQB:FLUX), a developer of lithium-ion batteries to replace lead-acid power in forklifts and other industrial equipment, reported increased sales of its LiFT Pack batteries for Class III “walkie” pallet jack forklifts for its first quarter of fiscal 2017 (Q1 ‘17) ended September 30, 2016. In lieu of a conference call, Flux will take and respond to investor questions in an online Q&A, details below.

Q1 ‘17 revenues rose 71% to $293,000 compared to $171,000 in Q1 ‘16, principally reflecting the commercial rollout of UL 2271 Listed lithium-ion LiFT Pack batteries. Q1 ‘17 per unit LiFT Pack sales increased 77% in comparison to Q1 ‘16. The increased revenues demonstrate Flux customers’ continued confidence in its LiFT Pack solutions following an over six-month period of transition as the Company focused on obtaining UL approval, implementing product enhancements and building out its commercial production lines.  Flux also shipped more than 40 demo and consignment packs to distributors and dealers during Q1 ‘17.

 

 

ZYXI: Zynex

Zynex Announces Third Quarter 2016 Profit

Zynex (OTCQB: ZYXI), an innovative medical technology company specializing in the manufacture and sale of non-invasive medical devices for pain management, stroke rehabilitation, neuro diagnostics, cardiac and blood volume monitoring, announced today its third quarter 2016 financial results.

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Uptick encourages investors to do their own due diligence in determining investment strategies that work for them. Uptick’s opinion is based upon individual company and market factors. Invest at your own risk.

Source: https://upticknewswire.com/daily-picks-for-111016/

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