HIT Technologies, Inc. provides earnings guidance for the second quarter of 2016. For the quarter, the company expected total revenue, which includes legacy product sales, for second quarter fiscal 2016 represents a 60% to 70% improvement sequentially, and 50% to 60% increase compared to second quarter last year. HIT also expects second quarter fiscal 2016 gross margin to improve sequentially and over the prior year, as the Company decreased shipping costs.

In addition, as previously reported, online the company sales were at record levels in the quarter, with expected online sales increasing approximately 34% sequentially and roughly 235% over second quarter last year.