earnings
confidence high
sentiment positive
materiality 0.65
omniQ Q3 revenue $18.5M (+7.6% YoY), net loss narrows 63% to $1.6M
OMNIQ Corp.
- Revenue $18.5M vs $17.2M in Q3 2023, 7.57% YoY growth.
- Net loss improved to $1.6M from $4.3M YoY; EPS -$0.15 vs -$0.55.
- Operating expenses cut 25.6% to $4.9M; gross profit nearly flat at $3.95M.
- New purchase orders of $2.5M, $1M, $1.4M and $3.4M received.
- Strategic alliances with Ingenico, SHVA; NEC pilot for facial recognition.