Lake Street initiated coverage of OMNIQ with a rating of Buy and set a new price target of $13.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/17/2021 | $13.00 | Buy | Lake Street |
SALT LAKE CITY, May 15, 2025 (GLOBE NEWSWIRE) -- OMNIQ CORP. (OTC:OMQS) ("omniQ" or "the Company"), reports a first quarter 2025 revenue of $19.9 million, which signifies an 8.7 percent increase Year-over-Year. FINANCIAL SUMMARY In Q1 2025, the Company reported revenue of $19.9 million, marking an increase of 8.7 percent compared to $18.3 million in Q1 2024. Net loss for the quarter remained steady at $2.1 million, unchanged from the same period last year. Basic loss per share from continuing operations for the three months ended March 31, 2025, was $0.20, this remained unchanged from the same period in 2024. Comprehensive loss for the quarter was $1.6 million in 2025 and $1.9 million i
SALT LAKE CITY, March 31, 2025 (GLOBE NEWSWIRE) -- OMNIQ Corporation (OTC:OMQS) ("OMNIQ" or "the Company") reports year-end 2024 revenue of $73.5 million as well as significantly reduced loss from operations. Additionally, the company reported significant decreases in operational expenses and gross profit stability. FINANCIAL HIGHLIGHTS: Decrease in Loss from Operations: loss from operations of $6.9 million in 2024 compared to $26.2 million in 2023, representing reduction of $19.3M, a 74% decrease.Revenues decreased from $81M in 2023 to $73.5M in 2024, a reduction of approximately 9%Gross Profit Stability: gross profit recognized in 2024 was $15.4M vs $15.7M in 2023Reduced Selling, Gener
This order follows multiple high-value purchase orders in Q4 2024 and Q1 2025, reinforcing OMNIQ's role in driving efficiency and innovation across retail, logistics, and manufacturing.Trusted Partner: Our six-year collaboration reflects a commitment to delivering cutting-edge solutions.Enhancing LTL Operations: With locations in 13 states, this LTL leader relies on OMNIQ to optimize efficiency, accuracy, and fleet management. SALT LAKE CITY, March 12, 2025 (GLOBE NEWSWIRE) -- OMNIQ CORP (OTC:OMQS), a leader in AI automation and enterprise mobility solutions, has received a $4.4 million purchase order from a major logistics provider for its ruggedized handheld mobile computers. This order
Lake Street initiated coverage of OMNIQ with a rating of Buy and set a new price target of $13.00
4 - OMNIQ Corp. (0000278165) (Issuer)
4 - OMNIQ Corp. (0000278165) (Issuer)
4 - OMNIQ Corp. (0000278165) (Issuer)
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 below. To Join By Phone: Toll Free: 888-506-0062International: 973-528-0011Participant Access Code: 895329 To Join via Computer https://www.webcaster4.com/Webcast/Page/2310/51660 MISSE
Salt Lake City, May 15, 2024 (GLOBE NEWSWIRE) -- omniQ Corporation (OTC:OMQS) ("omniQ" or "the Company"), a leading provider of Artificial Intelligence (AI)-based solutions, today reported substantial progress towards achieving financial stability in its quarterly earnings for Q1 2024. The Company has demonstrated a commendable reduction in operational costs and enhanced sales performance, underscoring its commitment to excellence and shareholder value. FINANCIAL HIGHLIGHTS: Strong Revenue Growth: Our first quarter revenue increased by 14% to $18.3M, compared to the last quarter of 2023.Record Gross Margin: We achieved a record-high gross margin of 28% in Q1, a significant improvemen
SALT LAKE CITY, May 13, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTC:OMQS) ("OMNIQ" or the "Company"), a provider of Artificial Intelligence (AI) and IoT–based solutions will release First Quarter 2024 Earnings after the market close on Wednesday, May 15th, 2024. The announcement will be followed by a live earnings call with management the following morning, Thursday, May 16th, 2024, at 9:00 AM EST. You can join the call by visiting www.omniQ.com or by using the link provided below. CALL DETAILS Thursday, May 16, 2024 - 9:00 AM Eastern Time TO JOIN VIA COMPUTER Webcast - Audio and TeleconferenceWebcast URL: https://www.webcaster4.com/Webcast/Page/2310/50639 TO CALL IN BY PHONE Toll-Fr
SALT LAKE CITY, Nov. 14, 2024 (GLOBE NEWSWIRE) -- omniQ Corporation (OTC: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 $6,631,000 in Q3 2023, showing effective cost management resulting in a 25.58% reduction.Net Loss: The Company reported a net loss of $1,599,000 in Q3 2024, significantly reduced from a net loss
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 2023Gross margin for the six months ended June 30, 2024, increased to 27% compared to 20% in the same period of 2023.Gross profit for the three months ended June 30, 2024, increased by 26% or $1M compared to the second quarter
SALT LAKE CITY, April 01, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ:OMQS) ("OMNIQ" or the "Company"), a provider of Artificial Intelligence (AI) and IoT–based solutions will release Full Year 2023 Earnings after the market close on Monday, April 1st, 2024. The announcement will be followed by a live earnings call with management the following morning, Tuesday, April 2nd, 2024, at 9:00 AM EST. Reduction in General Administrative expenses by $4.7 million, or 17% YoYReduction of thirty-four employees compared to December 31st, 2022.Increased Cash Assets by $300 Thousand.Decrease in current liabilities by $836 Thousand.For the year ended December 31, 2023, no customer accounted for more
8-K - OMNIQ Corp. (0000278165) (Filer)
10-Q - OMNIQ Corp. (0000278165) (Filer)
8-K - OMNIQ Corp. (0000278165) (Filer)