earnings
confidence high
sentiment positive
materiality 0.65
OMNIQ reports Q2 2024 revenue of $19.1M, gross margin improves to 26%
OMNIQ Corp.
2025-Q2 EPS reported
-$0.48
revenue$37,374,000
- Q2 2024 revenue $19.1M, up 4% sequentially from $18.3M in Q1 2024.
- Gross margin increased to 26% in Q2 2024 from 19% in Q2 2023.
- Cash and equivalents rose 56% to $1.4M from $881K in prior quarter.
- Operating expenses reduced by $586K vs Q1 2023; SGA down $1.5M for six months.
- Company uplisted to OTCQB on Aug 1, 2024; partnered with Ingenico for payments.