Welcome to our dedicated page for Bos Better Online Solutions news (Ticker: BOSC), a resource for investors and traders seeking the latest updates and insights on Bos Better Online Solutions stock.
BOS Better Online Solutions (BOSC) delivers intelligent robotics systems, RFID tracking solutions, and advanced supply chain management for global industrial sectors. This news hub provides investors and industry professionals with essential updates on operational developments, financial milestones, and strategic initiatives.
Access official press releases covering earnings reports, technology deployments in aerospace/defense sectors, and supply chain innovations. Stay informed about partnership announcements, product launches in industrial automation, and RFID system enhancements that drive inventory management improvements.
Our curated collection features regulatory filings, executive leadership updates, and market expansion news relevant to BOSC's three core operations. Discover how the company's integrated robotics solutions and electronic component distribution strategies impact manufacturing efficiency and logistics optimization.
Bookmark this page for real-time updates on BOSC's technological advancements in automated warehousing systems, RFID implementation case studies, and supply chain management breakthroughs. Regularly refreshed content ensures you maintain strategic awareness of this industrial technology innovator.
BOS Better Online Solutions Ltd. (NASDAQ: BOSC) announced receiving additional orders worth $150,000 for electronic components from a customer in the United Arab Emirates. This follows an earlier order of $180,000 received at the start of 2021, highlighting the company's growing presence in this new market. President Avidan Zelicovski expressed optimism about the potential for expansion in the UAE. BOS provides services in inventory management, RFID integration, and robotic cell development, aiming to enhance its business in international markets.
BOS Better Online Solutions Ltd. (NASDAQ: BOSC) announced a significant order worth $216,000 from a major Israeli defense manufacturer, marking a pivotal moment for its Intelligent Robotics Division. This initial order aligns with BOS's new strategy to focus sales efforts within the Israeli market. CEO Eyal Cohen expressed optimism that successful fulfillment of this order could lead to future business opportunities. The company is strategically targeting clients with high automation needs to mitigate development risks in custom robotics.
BOS Better Online Solutions Ltd. (NASDAQ: BOSC) reported a 6% revenue increase in Q3 and the first nine months of 2021, achieving $33 million in expected annual revenues. Gross profit rose by 15%, with net income of $351,000 compared to a $1.2 million loss last year. The Robotics division's operating loss decreased significantly to $489,000, although it did not reach breakeven as anticipated. The company revised its net income outlook for 2021 to between $400,000 and $600,000. A new service in the Supply Chain division has driven growth amid commodity shortages.
B.O.S. Better Online Solutions Ltd. (BOSC) will release its financial results for Q3 2021 on November 30, 2021. A conference call is scheduled for the same day at 9 a.m. EST, featuring a management presentation followed by a Q&A session. Interested parties can access the conference call by dialing specified U.S. or international numbers. A replay will be available the following day on the BOS website. The company specializes in custom-made robots and automation systems for industries, particularly in aerospace and defense.
BOS Better Online Solutions Ltd. (NASDAQ: BOSC) reported a strong financial performance for Q2 2021, achieving revenues of $9.2 million, a 23.4% increase from $7.5 million year-over-year. The gross profit margin improved to 17.3% compared to 11.7% in the prior year. Operating profit reached $129,000, a significant turnaround from an operating loss of $1.4 million in Q2 2020. Net income was $141,000 or $0.03 per share, contrasting with a net loss of $1.4 million or $0.34 per share a year ago. The company forecasts revenues exceeding $33 million and net profit above $1 million for 2021.
B.O.S. Better Online Solutions Ltd. (NASDAQ: BOSC) has announced it will release its second-quarter financial results for 2021 on August 31, 2021. The company will host a conference call on the same day at 9:00 a.m. EDT, followed by a Q&A session. Interested parties can access the live call by dialing the provided US and international numbers. A replay will be available the following day on the BOS website. B.O.S. specializes in custom-made robots and supply chain services, particularly for the aerospace and defense sectors.
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.
