Oxysure Systems Inc (OTCMKTS:OXYS) reported that it has grabbed a position in top five in the “Fast Tech” list 2015. The list is compiled by TravisWolff and Comerica Bank and honors the fastest developing tech firms in North Texas. This news comes at a time when the company is getting prepared to release its quarterly earnings on August 19, 2015. The other big names that are set to report their quarterly numbers on Wednesday are Target Corporation (NYSE:TGT) and Lowe’s Companies, Inc. (NYSE:LOW).
The impressive performance
Oxysure Systems had posted ten successive quarters of impressive sales growth. It is the reason why the company is included in the 2015 Fast Tech list. This list is prepared accounting the revenue growth of the tech firms in last three years. In 4Q2014, Oxysure revenue increased 35% to $2.4 million supported by strong sales in the U.S.
The company surely deserves a place in Fast Tech list as out of the ten growth quarters, five quarters recorded triple-digit growth and four quarters posted double-digit growth. Considering the management call in last quarter, Oxysure is set to post another strong quarter tomorrow.
The housing sector
Another company that is set to announce its results on Wednesday is Lowe’s Companies, which is a known home improvement retailer. The stock price of Lowe’s has been trading flat since the start of this year. As newly-built homes sales in the U.S. are picking up, people are considering making investments into real estate assets.
This change in trend is going to have a direct impact on well-positioned, well-run firms that are able to help the customer in this want. With over 1,800 home improvement stores in the U.S., Mexico and Canada, Lowe’s is well positioned to benefit from the rejuvenated U.S. real estate market.
Target Corporation will release the quarterly report before market opens on Wednesday. Its competitor Wal-Mart Stores, Inc. (NYSE:WMT) will report the earnings on August 18, 2015. As a result, the experts can have an interesting comparison of the earnings of two big retailers in this week.