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OMNIQ Corp - OMQS STOCK NEWS

Welcome to our dedicated news page for OMNIQ (Ticker: OMQS), a resource for investors and traders seeking the latest updates and insights on OMNIQ.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect OMNIQ's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of OMNIQ's position in the market.

News
OMNIQ ANNOUNCES THE ACQUISITION OF CODEBLOCKS LTD A LEADING FINTECH SOFTWARE DEVELOPER
Rhea-AI Summary
OMNIQ Corp. (OMQS) announced the acquisition of CodeBlocks Ltd, a leading Fintech software company, for approximately US $1,275,044. The acquisition is expected to enhance omniQ’s presence in self-service kiosks, credit card payment systems, and point-of-sale technologies. The deal is structured with seven equal installments, closing on February 1, 2024. The acquisition is seen as a significant growth engine and profit generator for omniQ, with immediate cost savings and the potential to capture a bigger market share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.79%
Tags
acquisition
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News
OMNIQ RECEIVES $5.0M IN PURCHASE ORDERS FOR THE SUPPLY OF HARDWARE, SOFTWARE AND SERVICES FOR ONE OF THE LARGEST US BASED FOOD AND DRUG CHAINS.
Rhea-AI Summary
OMNIQ Corp. (OMQS) announced receiving $5.0M in Purchase Orders for Hardware, software, IT licenses, and services from a major Food and Drugs chain in the US. The project aims to modernize and upgrade the customer’s equipment based on handheld devices, used in managing the customer’s total supply chain level operations within its warehouses, distribution centers, and up to the point of delivery to their customer. The software solution provides data analytics which allows for customizable reports and ultimately drives further efficiencies. CEO Shai Lustgarten expressed pride in the order, highlighting the company's dedication to meeting the evolving demands of its customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.41%
Tags
none
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News
OMNIQ’S AI-BASED MACHINE VISION SOLUTION ORDERED FOR JFK, LA GUARDIA, NY STEWART, AND NEWARK AIRPORT UPGRADES.
Rhea-AI Summary
OMNIQ Corp. (OMQS) announces a collaborative agreement with DESIGNA to upgrade the Port Authority of New York and New Jersey (PANYNJ) four major airports' parking systems with its AI-based Machine Vision solution. This includes the implementation of omniQ’s proprietary latest AI neural network-based engine, enhancing accuracy and transaction speed. The project aims to improve traffic flow, revenue stream, and travelers’ convenience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.51%
Tags
AI
News
OMNIQ ANNOUNCES Q3 2023 REVENUE OF $17.5 MILLION AND INCREASED GROSS PROFIT to 23%.
Rhea-AI Summary
OMNIQ Corp. (OMQS) announces Q3 2023 revenue of $17.5M, a 35% decrease vs Q3 2022 due to a temporary delay in large orders. Gross profit was $4M. The company's AI Machine Vision 9-month 2023 revenue increased by 35% vs 9-month 2022. OMNIQ also took measures to decrease sales and G&A expenses, aiming for profitability and positive cash flow. The company reported a net loss of $4.3 million for Q3 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.11%
Tags
earnings
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News
Omniq Schedules Third Quarter 2023 Earnings Release After the Market Close on Monday, November 13th
Rhea-AI Summary
OMNIQ Corp. (OMQS) to Release Third Quarter 2023 Earnings on November 13th, 2023, Followed by Live Earnings Call. Webcast link and call-in details provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.3%
Tags
earnings
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News
OMNIQ AWARDED MULTI YEAR IOT EQUIPMENT SUPPLY CONTRACT FOR ISRAEL'S LARGEST AND NEWEST LOGISTIC CENTER
Rhea-AI Summary
OMNIQ Corp. has received a multi-year supply and maintenance contract from a leading Israeli logistic company. The contract is for the supply of a complete IoT equipment package to enhance supply chain operations. OMNIQ's competitive win highlights its commitment to providing the best products and service. The company's security AI equipment is deployed in various locations worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.92%
Tags
none
News
OMNIQ TO PARTICIPATE IN THE THINK EQUITY 2023 INVESTOR CONFERENCE
Rhea-AI Summary
OMNIQ Corp. to participate in 2023 Think Equity Investor Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
Tags
conferences
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News
OMNIQ ANNOUNCES THE ADDITION OF IN CAR FACE DETECTION TO ITS AI MACHINE VISION COMPREHENSIVE SOLUTION
Rhea-AI Summary
OMNIQ Corp. adds in-car face detection to its Machine Vision features
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.2%
Tags
AI
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News
OMNIQ Corp. Announces Closing of Public Offering
Rhea-AI Summary
OMNIQ Corp. closes public offering, raising $3,000,000
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.76%
Tags
offering
News
OMNIQ Corp. Announces Pricing of Public Offering
Rhea-AI Summary
OMNIQ Corp. announces pricing of public offering
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-46.88%
Tags
offering
Stock OMQS logo
OMNIQ Corp

Nasdaq:OMQS

OMQS Rankings

N/A Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

OMQS Stock Data

5.56M
8.79M
17.98%
5.68%
0.74%
Computer Systems Design Services
Professional, Scientific, and Technical Services
Link
United States
Salt Lake City

About OMQS

quest was founded in 1994 in portland, oregon. the company has grown to be a leading provider in the mobile computing industry with national coverage and best in class software and integration solutions. supply chain companies use quest solution to reduce inventory, improve operations, lower labor and empower mobile workers with the right information at the right time. companies in manufacturing, distribution, retail, logistics and healthcare have found quest to be a great source for integrated solutions that comprise leading edge technologies and industry specific software solutions. barcode, radio frequency identification (rfid), wireless, mobile computing, mobile printing, tablets, cellular services, security, and managed services expertise is what companies turn to quest for. application software for sales automation, field service, warehouse management, inventory, delivery is configurable to the exact needs of clients who often use sap, oracle, or microsoft in their operations. so