Reports Q3 revenue $9.83M vs. 9.81M last year. Eyal Cohen, BOS’ CEO, stated: “We are pleased with our Q3 and nine-month results, which highlight improved profitability driven primarily by enhanced operational efficiency and higher product mix margins. However, we now anticipate falling short of our projected $46M annual revenue target, and expect to close 2024 with approximately $40M in revenues. This shortfall stems largely from the delay in the delivery of customer orders, which we had anticipated for completion before year-end.”
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio