Omniq Corp ( (OMQS) ) has released its Q2 earnings. Here is a breakdown of the information Omniq Corp presented to its investors.
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Omniq Corp, a company specializing in artificial intelligence technology for machine vision image processing solutions, operates in sectors such as supply chain management, homeland security, and public safety. In its latest earnings report, Omniq Corp revealed a decrease in revenue to $15.8 million for the first half of 2025, compared to $17.6 million in the same period last year, primarily due to a slowdown in customer projects. Despite this, the company managed to reduce its operational losses significantly, reporting a net income of $2.05 million for the quarter, a notable improvement from a loss of $3.05 million in the previous year. Key financial metrics showed a reduction in operating expenses by 24%, contributing to the improved financial performance. The company also completed a significant asset sale, which helped reduce its liabilities by $45 million and improved its stockholders’ equity position. Looking ahead, Omniq Corp’s management remains focused on cost management and strategic sales efforts to enhance profitability and sustain growth in its core markets.