DRI Corp. (TBUS) Posts Record Preliminary Sales Results Fueled by High Gas Prices, Global Transportation Trends
DRI Corp. (Nasdaq: TBUS) is a digital communications technology leader in the domestic and international surface transportation and transit security markets. The company has a diverse portfolio of products, including TwinVision and Mobitech electronic designation sign system; Talking Bus voice announcement systems; Digital Recorders, an Internet-based passenger information and automatic vehicle tracking system; and VacTell, a video actionable intelligence system. The company today announced its preliminary second quarter results, posting expectations of net sales of $19.4 million, up 30 percent for the same period last year, marking a record high for second quarter sales volume. DRI’s products aid in transit…