---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-019897"
form_type: "8-K"
ticker: "OMQS"
cik: "0000278165"
company_name: "OMNIQ Corp."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:46:10.045132+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# OmniQ Q1 2024 revenue up 14% QoQ to $18.3M, gross margin record 28%, losses narrow

## Summary
- Q1 revenue $18.3M, up 14% from Q4 2023; record gross margin 28% vs 21% YoY and 13% in Q4 2023.
- Gross profit $5.0M, up 142% from Q4 2023; SG&A down 18% YoY to $5.6M.
- Operating loss down 37% to $1.3M; basic EPS loss improved to ($0.20) from ($0.45).
- Acquired fintech developer Codeblocks Ltd.; appointed new board member Israel Singer.
- Applied to uplist to OTCQX; launched SaaS product seeQ with recurring revenue.

## SEC filing metadata
- accession: 0001493152-24-019897
- form_type: 8-K
- ticker: OMQS
- cik: 0000278165
- company_name: OMNIQ Corp.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/278165/000149315224019897/0001493152-24-019897-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/278165/000149315224019897/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-019897
- JSON: https://secwatch.observer/filing/0001493152-24-019897.json
- Plain text: https://secwatch.observer/filing/0001493152-24-019897.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.