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OMNIQ Reports $18.5 Million Revenue in the Third Quarter 2024
GlobeNewswire News Room· 2024-11-15 05:16
SALT LAKE CITY, Nov. 14, 2024 (GLOBE NEWSWIRE) -- omniQ Corporation (OTCMKTS: OMQS) ("omniQ" or "the Company"), reports third quarter 2024 revenue of $18.5 million, signifying 7.57% YoY growth, as well as significant decreases in operational expenses and net loss. FINANCIAL HIGHLIGHTS: Revenue: OMNIQ reported revenue of $18,549,000 for Q3 2024, a modest increase from $17,244,000 in Q3 2023, marking a 7.57% year-over-year growth.Operating Expenses: Decreased significantly to $4,934,000 in Q3 2024 from $6,631 ...
Omniq (OMQS) - 2024 Q3 - Quarterly Report
2024-11-15 05:15
2024年前九个月运营财务数据 - 2024年前九个月运营销售额为5600万美元较2023年同期减少900万美元降幅14%[50] - 2024年前九个月运营亏损320万美元较2023年同期减少390万美元[51] - 2024年前九个月基本每股亏损0.63美元2023年同期为1.50美元[51] - 2024年9月30日现金120万美元营运资金赤字5000万美元[54] - 2024年前九个月运营提供净现金23万美元2023年使用270万美元[55] - 2024年前九个月投资活动使用现金8.7万美元2023年提供59.8万美元[56] - 2024年前九个月融资活动使用现金240万美元2023年提供32.3万美元[57] - 2024年前九个月营收较2023年同期减少归因于需求下降[67] 2024年第三季度运营财务数据 - 2024年第三季度营收1854.9万美元成本1459.9万美元[59] - 2024年第三季度运营费用较2023年同期下降25% [62] 公司内部控制情况 - 截至2024年9月30日公司披露控制和程序无效但缺陷对报告披露不重要[77] - 2024年9月30日公司财务报告内部控制无效[81] - 评估发现公司在职责分离方面存在重大弱点以及数据管理和文件记录方面存在其他非重大弱点[82] - 公司管理层人员少导致职责分离受限[83] - 公司认为相对于财务报告重大错报的风险极小[84] - 本季度报告不包含注册会计师事务所对财务报告内部控制的鉴证报告[84] - 最近一个财季公司财务报告内部控制无重大变化[85] 公司报告相关情况 - 公司将向股东提供年度报告并提供前三季度的季度报告[88] - 报告日期为2024年11月14日[90] - 由Shai Lustgarten代表Omniq Corp.签署报告[90] - Shai Lustgarten为首席执行官临时首席财务官兼董事会主席[90] 公司其他情况 - 公司网站为http://www.omniq.com且网站信息不纳入本文件[89] - 公司未遇到对运营或财务状况有重大损害的网络安全挑战[76]
OMNIQ Schedules Third-Quarter 2024 Earnings Call
GlobeNewswire News Room· 2024-11-12 21:30
SALT LAKE CITY, Nov. 12, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTC: OMQS) (“OMNIQ” or the “Company”), a provider of automation solutions including machine vision AI and IoT–based solutions will release Third Quarter 2024 Earnings after the market close on Thursday, November 14th, 2024. The announcement will be followed by a live earnings call with management the following morning, Friday, November 15th, 2024, at 11:00 AM EST. You can join the call by visiting www.omniQ.com or by using the link provided belo ...
OMNIQ Receives $3.4 Million in New Purchase Orders from Leading Retail Customer
GlobeNewswire News Room· 2024-11-11 21:30
SALT LAKE CITY, Nov. 11, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTCQB: OMQS), a leader in automation-enhancing IoT and machine vision solutions, is pleased to announce a recent series of purchase orders totaling $3.4 million from a longstanding retail client. These recent orders, underscore the strength of the decade-long collaboration between OMNIQ and the retail chain, reinforcing both companies' commitment to innovation in operational efficiency. Over the years, OMNIQ has been integral to transforming the ...
OMNIQ Secures $1.4 Million Contract Renewal with Leading Transportation & Logistics Giant
GlobeNewswire News Room· 2024-10-30 20:30
Continues its two-decade partnership with a major 3PL provider. Expanded deployment of IoT devices and Subscription Services. Reinforces omniQ's position as a reliable AI-driven solutions provider for mission-critical logistics operations. This order follows a $1 million Purchase order in September and a $2.5 million order the previous month from other long-term customers. SALT LAKE CITY, Oct. 30, 2024 (GLOBE NEWSWIRE) -- (OTC: OMQS), a premier provider of AI-driven supply chain and smart city solutions, ha ...
OMNIQ Corp. to Present at the ThinkEquity Investors Conference
GlobeNewswire News Room· 2024-10-24 20:55
SALT LAKE CITY, Oct. 24, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTC: OMQS), a leading provider of Artificial Intelligence (AI)-based solutions and advanced machine vision systems, is pleased to announce its participation in the upcoming ThinkEquity Investors Conference. The event will take place on October 30th, 2024, in New York, New York. This prestigious conference gathers top-tier investors, industry experts, and innovative companies to discuss market trends, investment opportunities, and technological a ...
OMNIQ to Present at the Small Cap Virtual Investor Conference October 10th
GlobeNewswire News Room· 2024-10-08 20:35
SALT LAKE CITY, Oct. 08, 2024 (GLOBE NEWSWIRE) -- OMNIQ CORP. (OMQS), a leader in AI-machine vision and automation technology, today announced that Shai Lustgarten, CEO will present live at the Small Cap Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on October 10th 2024. DATE: October 10th TIME: 11:00 AM ET LINK: https://bit.ly/47jLzOI Available for 1x1 meetings upon request This will be a live, interactive online event where investors are invited to ask the company questions in rea ...
OMNIQ Receives $2.5 Million Purchase Order, Strengthening Decade-Long Partnership with Leading Retail Chain
GlobeNewswire News Room· 2024-08-29 20:30
Continues Strategic Collaboration with a Major Retail Partner Order Includes State-of-the-Art Portable IoT Printers for Seamless Integration Paves the Way for Future Technological Upgrades SALT LAKE CITY, Aug. 29, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTCQB: OMQS), a prominent provider of AI-driven and IoT-enabled technology solutions, is pleased to announce the receipt of a significant $2.5 million purchase order from one of its most valued retail partners. This order, received on August 26, 2024, is a tes ...
OMNIQ Announces Collaboration Agreement With SHVA, Strengthening Fintech Capabilities to Provide a Total Customer Solution
GlobeNewswire News Room· 2024-08-20 20:45
Significant Milestone: This partnership marks a crucial development in OMNIQ's strategic expansion within the fintech industry. Enhancing Fintech Solutions: SHVA processes millions of transactions monthly, playing a key role in Israel's financial sector. Collaborating with OMNIQ will further enhance fintech solutions across the region. Alignment with Strategic Goals: The collaboration aligns with OMNIQ's strategic plans to expand fintech capabilities and improve customer experiences through innovative techn ...
OMNIQ Increases Sequential Revenue to $19.1M, Achieves a Strong Margin of 26% and Reduces Operating Expenses in Second Quarter of 2024
GlobeNewswire News Room· 2024-08-15 04:45
SALT LAKE CITY, Aug. 14, 2024 (GLOBE NEWSWIRE) -- omniQ Corporation (OTCQB: OMQS) ("omniQ" or the "Company"), a leading provider of Artificial Intelligence (AI)-based solutions, today reported revenues of approximately $19.1 million in the second quarter, marking an improvement from the previous quarter. FINANCIAL HIGHLIGHTS: Key Improvements Compared to 2023 Gross margin for the three months ended June 30, 2024, substantially increased to 26% compared to 19% in Q2 2023 Gross margin for the six months ended ...