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OMNIQ Corp, symbol OMQS, was founded in 1994 in Portland, Oregon. It has become a leading provider in the mobile computing industry nationwide, offering top-notch software and integration solutions. Supply chain companies rely on OMNIQ solutions to streamline operations, reduce inventory, optimize labor, and empower mobile workers with real-time information. With a focus on manufacturing, distribution, retail, logistics, and healthcare, OMNIQ provides cutting-edge technologies and industry-specific software solutions such as barcode, RFID, wireless, mobile computing, and more. Their application software covers sales automation, field service, warehouse management, and inventory, tailored to clients' needs using SAP, Oracle, or Microsoft systems.
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OMNIQ Corp. (OMQS) secures a purchase order from Burger Ranch, Israel's largest Hamburger Chain, for Self Ordering Kiosks, Self-Check-Out Kiosks, and a new feature supporting cash transactions. The partnership aims to enhance customer service and operational efficiency, with 150 kiosks already deployed across 64 restaurants. The technology is expected to boost revenue, streamline processes, and improve customer experience.
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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.
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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.
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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.
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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.
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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.
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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.
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OMNIQ Corp. to participate in 2023 Think Equity Investor Conference
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OMNIQ Corp. adds in-car face detection to its Machine Vision features
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OMNIQ Corp. closes public offering, raising $3,000,000
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FAQ
What is the current stock price of OMNIQ (OMQS)?
The current stock price of OMNIQ (OMQS) is $0.15 as of November 22, 2024.
What is the market cap of OMNIQ (OMQS)?
The market cap of OMNIQ (OMQS) is approximately 2.0M.
When was OMNIQ Corp founded?
OMNIQ Corp was founded in 1994 in Portland, Oregon.
What does OMNIQ Corp specialize in?
OMNIQ Corp is a leading provider in the mobile computing industry, offering software and integration solutions for supply chain companies.
What industries does OMNIQ Corp cater to?
OMNIQ Corp serves industries such as manufacturing, distribution, retail, logistics, and healthcare.
What kind of technologies does OMNIQ Corp provide?
OMNIQ Corp offers technologies like barcode, RFID, wireless, mobile computing, and more.
Which software solutions does OMNIQ Corp offer?
OMNIQ Corp provides application software for sales automation, field service, warehouse management, and inventory, customizable to clients' needs using SAP, Oracle, or Microsoft systems.
OMNIQ CORP
Nasdaq:OMQS
OMQS Rankings
OMQS Stock Data
1.98M
8.79M
17.67%
4.56%
Software - Application
Services-computer Integrated Systems Design
United States of America
SALT LAKE CITY