PositiveID’s E-N-G Mobile Systems 2017 Bookings Increase 100% Year Over Year
17 Jun
2018
Written by Mike Elliott

PositiveID’s E-N-G Mobile Systems 2017 Bookings Increase 100% Year Over Year »

Since PositiveID's acquisition of ENG in December 2015, ENG has focused strategically on growing the mobile labs segment of its business, with mobile lab bookings representing approximately 40% of overall bookings in 2017. Bookings represent signed purchase orders or contracts received from customers. The Company recognizes revenue on booked contracts once the vehicle is built and delivered to the customer.

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