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Stock impact report

BOS Reports Financial Results for the Fourth Quarter and the Year 2023

B.O.S. Better Online Solutions - Ordinary Shares (BOSC) 
US:NASDAQ Investor Relations: group.hugoboss.com/en/investor-relations
Company Research Source: GlobeNewswire
RISHON LE ZION, Israel, March 28, 2024 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ: BOSC) reported its financial results for the fourth quarter and the year 2023. Year 2023 Financial Highlights: Revenues grew by 6.5% to $44.2 million from $41.5 million in the year 2022 ;Operating profit increased to $2.5 million from $1.9 million in the year 2022;EBITDA amounted to $3.06 million compared to $2.4 million in the year 2022.Financial expenses decreased to $441,000 from $647,000 in the year 2022.Net income amounted to $2.01 million or $0.35 per basic share compared to $1.28 million or $0.23 per basic share in the year 2022. Fourth Quarter 2023 Financial Highlights: Revenues reduced by 3.5% to $10.9 million from $11.3 million in the fourth quarter of the year 2022;Operating profit amounted to $400,000 compared to $652,000 in the fourth quarter of the year 2022;EBITDA amounted to $ Show less Read more
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