Bos Better Online Solutions Stock Price, News & Analysis

BOS reported its Q1 2021 financial results, showing revenues at $7.3 million, slightly down from $7.5 million year-over-year, mainly due to the RFID division's struggles linked to COVID-19. However, operating profit rose to $234,000 from $110,000, driven by improved results in the Robotics division. Net income increased to $123,000 or $0.02 per share, compared to $54,000 or $0.01 per share a year ago. The company expects revenues to surpass $33 million and net profits to exceed $1 million for the year.

B.O.S. Better Online Solutions Ltd. (NASDAQ: BOSC) announced its financial results for Q1 2021 will be released on May 27, 2021. A conference call is scheduled for May 28, 2021, at 9:00 a.m. EDT to discuss the results, which will be followed by a Q&A session. Interested parties can join the call using specific dialing details provided. BOS specializes in custom-made robots and automation systems for industrial and logistics processes, offering supply chain services primarily for the aerospace and defense sectors.

BOS Better Online Solutions Ltd. (NASDAQ: BOSC) reported financial results for Q4 and year-end 2020, showcasing a promising trend with revenues growing 11% to $10.4 million compared to $9.4 million in Q4 2019.

Operating profit reached $372,000, reversing an operating loss of $232,000 from the same quarter last year. Net income stood at $248,000, a substantial improvement over the prior year's net loss of $322,000.

Despite a slight revenue decline for the full year, the company anticipates exceeding $33 million in 2021 revenues and expects net profit to surpass $1 million.

BOS Better Online Solutions Ltd. (BOSC) announced its first order for electronic components from a UAE customer, valued at $180,000, with delivery scheduled throughout 2021. Avidan Zelicovski, BOS' President, expressed optimism about expanding its market presence in the UAE.

This new order highlights BOS's strategy to penetrate growing markets and could be a potential growth driver for its Supply Chain Division.

B.O.S. Better Online Solutions Ltd. (NASDAQ: BOSC) will announce its financial results for Q4 2020 and the full year ended December 31, 2020, on March 30, 2021, prior to market opening. A conference call will follow at 9:00 a.m. EDT, including a Q&A session. The company specializes in custom-made robots and automation systems, primarily for the aerospace and defense sectors. For further details, visit their official websites.

BOS Better Online Solutions Ltd. (NASDAQ: BOSC) has appointed Sam Michael as Vice President for Robotics Sales in North America, leveraging his 30 years of experience in the U.S. plastic industry. The company aims to strengthen its customer support with a U.S.-based technician and increase its market share. CEO Eyal Cohen highlighted that these strategic changes are positioned to enhance revenue growth in 2021 by focusing on the key market of North America.

BOS Better Online Solutions Ltd. (NASDAQ: BOSC) announced a registered direct offering of 800,000 Ordinary Shares and 720,000 Warrants at a purchase price of $2.50 each. The Warrants have an exercise price of $2.75, are immediately exercisable, and will expire in five years. The offering is expected to close around January 4, 2020, pending customary closing conditions. A.G.P./Alliance Global Partners is the financial advisor for this transaction, which is made under an effective shelf registration with the SEC.

BOS Better Online Solutions Ltd. (NASDAQ: BOSC) reported a profitable third quarter for 2020, with revenues rising 3% to $8.2 million. Gross profit grew by 21% to $1.7 million, and the company achieved an operating profit of $227,000, reversing an operating loss from the previous year. However, year-to-date revenue decreased by 5% to $23.1 million, and net loss for the nine months reached $1.2 million. Looking ahead, BOS expects revenue for 2020 to be between $32 and $33 million and anticipates a profit exceeding $1 million in 2021.

B.O.S. Better Online Solutions Ltd. (BOSC) announced it will release its third-quarter 2020 financial results on November 30, 2020, before market opening. A conference call is scheduled for the same day at 10:00 a.m. EST, allowing for a Q&A session post-presentation. The company specializes in custom robots and automation systems for industrial processes, along with supply chain services for the aerospace and defense sectors globally.