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Date | Price Target | Rating | Analyst |
---|---|---|---|
11/17/2021 | $13.00 | Buy | Lake Street |
8-K - OMNIQ Corp. (0000278165) (Filer)
10-Q - OMNIQ Corp. (0000278165) (Filer)
8-K - OMNIQ Corp. (0000278165) (Filer)
4 - OMNIQ Corp. (0000278165) (Issuer)
4 - OMNIQ Corp. (0000278165) (Issuer)
4 - OMNIQ Corp. (0000278165) (Issuer)
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, 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, 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 retailer's operational landscape. This latest deployment includes advanced portable printers and tablets aimed at optimizing in-store operations thereby enhancing inventory accuracy, ef
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
Lake Street initiated coverage of OMNIQ with a rating of Buy and set a new price target of $13.00
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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