BOS Better Online Solutions: Falls as Q2 net profit drops

BOS Better Online Solutions

27/08/2019 16:27

** Israel-based radio frequency identifications provider's
shares  BOSC.O  fall as much as ~10% to $2.69 on Q2 results
    ** Stock set for worst day in about a month, if losses hold
    ** Q2 net income plunges 90% to $20,000 from $192,000 in
yr-ago qtr  urn:newsml:reuters.com:*:nGNX6dg2cd
    ** On an adjusted basis, BOSC posts Q2 profit of 5 cents vs
6 cents, a year earlier 
    ** However, Q2 revenue rose 16% to $8.8 million 
    ** Including session's losses stock up ~32%

 (Reporting by Abhishek Manikandan in Bengaluru)
 ((Abhishek.Manikandan@thomsonreuters.com))