BOS Shows Strong Earnings Despite Revenue Dip

BOS Better Online Solutions (BOSC) has released an update.

BOS Better Online Solutions Ltd. reported a decrease in revenues for Q1 2024 by 7% to $11.3 million but saw a growth in net income by 13% to $741,000 or $0.13 per share, compared to the same period last year. Gross profit margin also improved to 22.7%, with financial expenses cut by over half, demonstrating the company’s progress towards its 2024 financial targets.

For further insights into BOSC stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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