BOS Better Online Solutions (BOSC) has released an update.
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BOS Better Online Solutions Ltd. reported a decrease in revenues for Q1 2024 by 7% to $11.3 million but saw a growth in net income by 13% to $741,000 or $0.13 per share, compared to the same period last year. Gross profit margin also improved to 22.7%, with financial expenses cut by over half, demonstrating the company’s progress towards its 2024 financial targets.
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