BOS to Release Financial Results for the Second Quarter of 2022 and Host Conference Call on August 23, 2022

Rhea-AI Summary

B.O.S. Better Online Solutions Ltd. (NASDAQ: BOSC) will release its financial results for Q2 2022 on August 23, 2022, before market opening. A conference call is scheduled for the same day at 9:00 a.m. EDT, followed by a Q&A session. Investors can dial in using US number +1-888-281-1167 or International +972-3-9180644. The company specializes in inventory production and management, offering services through its Supply Chain, RFID, and Intelligent Robotics divisions.

Positive

• None.

Negative

• Dependence on major customers may risk revenue stability.
• Uncertainty in maintaining current gross profit margins.
• Integration challenges with acquisitions may affect operational efficiency.
• Risks related to legal claims could impact financial stability.
• Exchange rate fluctuations may adversely affect financial performance.

RISHON LEZION, Israel, Aug. 01, 2022 (GLOBE NEWSWIRE) -- B.O.S. Better Online Solutions Ltd. (“BOS” or the “Company”) (NASDAQ: BOSC), announced today that it will release its financial results for the second quarter of 2022 before the market opens on Tuesday, August 23, 2022.

BOS will host a conference call on August 23, 2022 at 9:00 a.m. EDT – 4:00 p.m., Israel Time. A question-and-answer session will follow management’s presentation.

To access the conference call, please dial one of the following numbers:

US: +1-888-281-1167, International: +972-3-9180644.

For those unable to listen to the live call, a replay of the call will be available the next day on the BOS website: http://www.boscorporate.com

About BOS

BOS provides services and systems for inventory production and management in three channels:

• Services – The Supply Chain division provides inventory procurement and kitting - www.BOSSupplyChain.com.
  
• Integration – the RFID division provides off-the-shelf software and equipment to track and manage inventory in the production floor and warehouse – www.BOSRFID.com.
  

• Development – the Intelligent Robotics division develops and builds custom-made robotic cells for industrial and logistic processes – www.BOSRobotics.com.
  

Contact

Eyal Cohen, CEO

+972-542525925 | eyalc@boscom.com

Safe Harbor Regarding Forward-Looking Statements

The forward-looking statements contained herein reflect management's current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results to differ materially from those in the forward-looking statements, all of which are difficult to predict and many of which are beyond the control of BOS. These risk factors and uncertainties include, amongst others, the dependency of sales being generated from one or few major customers, the uncertainty of BOS being able to maintain current gross profit margins, inability to keep up or ahead of technology and to succeed in a highly competitive industry, failure to successfully integrate and achieve the potential benefits of the acquisition of the business operations of Imdecol Ltd. (the Intelligent Robotics business line) and Dagesh Inventory Counting and Maintenance Ltd., inability to maintain marketing and distribution arrangements and to expand our overseas markets, uncertainty with respect to the prospects of legal claims against BOS, the effect of exchange rate fluctuations, general worldwide economic conditions, the impact of the COVID-19 virus, the continued availability of financing for working capital purposes and to refinance outstanding indebtedness; and additional risks and uncertainties detailed in BOS' periodic reports and registration statements filed with the US Securities and Exchange Commission. BOS undertakes no obligation to publicly update or revise any such forward-looking statements to reflect any change in its expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.

FAQ

When will B.O.S. release its Q2 2022 financial results?

B.O.S. will release its Q2 2022 financial results on August 23, 2022.

What time is the B.O.S. conference call for Q2 2022 results?

The conference call for B.O.S. Q2 2022 results is scheduled for 9:00 a.m. EDT on August 23, 2022.

How can I access the B.O.S. financial results conference call?

You can access the B.O.S. conference call by dialing +1-888-281-1167 for US or +972-3-9180644 for International.

What are the key divisions of B.O.S.?

B.O.S. operates through three key divisions: Supply Chain, RFID, and Intelligent Robotics.

What risks are associated with B.O.S.'s business operations?

Risks include dependence on major customers, maintaining profit margins, integration of acquisitions, legal claims, and exchange rate fluctuations.