Ubisense (LON:UBI) - Promising new automotive contracts
Sep 07th 2012 - Edison Investment Research today published a report on Ubisense (UBI.L, LSE:UBI, LON:UBI) entitled "Promising New Automotive Contracts". In summary, the report says:
Ubisense’s H1 results and recent contract wins highlight the difficulty in forecasting the timing and size of new contracts. Delays in bookings that were expected in H1 drive cuts to our forecasts. However, this week’s automotive contract announcements could be the start of much larger company-wide deployments and highlight the attractiveness of RTLS technology to high-value manufacturers.
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