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B.o.s. Better Online Solutions (BOSC)
NASDAQ:BOSC
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Earnings Data
Report Date
Mar 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 27, 2024
|% Change Since: 8.28%
|Next Earnings Date:Mar 26, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mix of positive and negative aspects. While BOS faced a temporary revenue shortfall and delays in customer orders, the company remains optimistic about its growth prospects, supported by an increased backlog, significant opportunities in the defense market, and international expansion efforts. Positive analyst coverage and successful transition of the Robotics division into the defense sector further bolster the sentiment.Company Guidance
During the Q3 2024 earnings call for BOSC, CEO Eyal Cohen outlined the company's financial performance and growth strategy. BOSC's trailing 12-month revenues were reported at $40 million, falling short of the projected $46 million due to a delay in customer order deliveries. Despite this, the company remains on track to achieve a net income of $2.2 million for the year. Cohen highlighted a 15% increase in the company's backlog, which reached $23 million by the end of September 2024, and further grew to $24 million, indicating a positive momentum. The Israeli defense budget's 73% growth between 2023 and 2024, alongside a 16% increase in the European defense budget from 2022 to 2023, underscores BOSC's potential to capitalize on rising global defense spending. BOSC's balance sheet as of September 2024 showed total assets of $32 million and equity of $21 million, with cash net of loans amounting to approximately $1 million. Cohen also emphasized BOSC's expansion strategy, which includes increasing international sales and strengthening its defense market proposition.Robotics Division Success
The Robotics division has successfully transitioned to the defense sector, with 90% of projects serving this rapidly growing market. The division's flagship client is Elbit Systems, a global leader in the defense industry.
Increased Backlog
Backlog increased by 15% to $23 million as of the end of September compared to $20 million at the end of year '23, indicating strong future performance.
Defense Market Opportunities
The Israeli defense budget grew by 73% between 2023 and 2024, and the European defense budget increased by 16% between 2022 and 2023, providing opportunities for growth.
International Expansion
BOS achieved $6 million in overseas sales in 2023 and finalized agreements with subcontractors in India and Greece. The Robotics division is set to install a production line in Europe during the first half of 2025.
Positive Analyst Coverage
BOS was covered by an analyst report from ThinkEquity, with a target stock price of $5, which is 40% higher than the current stock price.
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BOSC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BOSC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 27, 2024 | $3.38 | $3.31 | -2.07% |
| Aug 22, 2024 | $2.95 | $3.02 | +2.37% |
| May 30, 2024 | $2.80 | $2.91 | +3.93% |
| Mar 28, 2024 | $2.75 | $3.05 | +10.91% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does B.o.s. Better Online Solutions (BOSC) report earnings?
B.o.s. Better Online Solutions (BOSC) is schdueled to report earning on Mar 26, 2025, TBA Not Confirmed.
What is B.o.s. Better Online Solutions (BOSC) earnings time?
B.o.s. Better Online Solutions (BOSC) earnings time is at Mar 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BOSC EPS forecast?
Currently, no data Available
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