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Bsquare Corporation (NASDAQ: BSQR) reported its financial results for Q4 2022, with total revenue of $8.0 million, a 5% decrease from Q3 2022. Operating expenses rose to $2.7 million, up $0.5 million quarter-over-quarter. The company experienced a net loss of $1.2 million, slightly worse than the previous quarter. Cash reserves stood at $35.6 million, down $4.5 million from the prior year. Despite challenges in the Partner Solutions segment, improved margins and interest income mitigated losses. The company is focused on growth and exploring strategic alternatives to enhance shareholder value.
Bsquare Corporation (NASDAQ: BSQR) announced the release of its fourth-quarter financial results for the period ending December 31, 2022, scheduled for March 7, 2023, post-market close. A conference call will follow at 5:00 p.m. ET (2:00 p.m. PT), providing investors an opportunity to discuss the results. Interested parties can participate by dialing 1-877-407-0789 for domestic calls or 1-201-689-8562 for international calls. A replay will be available for two weeks. Bsquare specializes in connected product solutions, operating IoT networks and supporting a global customer base.