secwatch.observer — SEC 8-K summary
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Issuer:     OMNIQ Corp. (OMQS)
CIK:        0000278165
Form:       8-K
Filed at:   2024-08-14T23:59:59+00:00
Accession:  0001171843-24-004796
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OMNIQ reports Q2 2024 revenue of $19.1M, gross margin improves to 26%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/278165/000117184324004796/0001171843-24-004796-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/278165/000117184324004796/f8k_081424.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-004796

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