Omniq Corp Reports Reduced Losses Amid Revenue Decline
I'm PortAI, I can summarize articles.
Omniq Corp reported Q3 earnings with a revenue decline to $8.8 million from $9.5 million last year. Net loss reduced to $747,000 from $1.6 million due to profitable revenue streams and cost management. The company improved its gross profit margin and reduced operating loss. Management aims to increase sales with prime customers and optimize product lines for better financial performance.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments