Completion of Large Bulk Order Weighs on Agjunction Revenues

The completion of a $55 million bulk order for steering solutions products has returned AgJunction revenues to more “normal” levels. By Dec. 31, 2019, AgJunction had accumulated revenues of $39.2 million for its 2019 fiscal year, 39% lower than the $64.5 million generated in 2018 when the business also gained $6.4 million from the sale of its Outback Guidance division to Hemisphere GNSS.

agjunction revenues

That transaction has allowed AgJunction to focus on off-road machine automation with…

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