BOS Better Online Solutions up on higher Q2 revenue, margins

BOS Better Online Solutions

23/08/2022 13:30

** Shares in inventory management services provider BOS Better
Online Solutions  BOSC.O  rise more than 7% to $2.66 premarket
    ** BOSC reports Q2 revenue of $10.3 mln, up 12% from a year
earlier urn:newsml:reuters.com:*:nTUAT92M6
    ** Co's gross profit margin also improves to 21.4% in Q2,
compared to 17.3% reported last year
    ** CEO Eyal Cohen says co has a "relatively strong backlog"
that is expected to support growth in H2 2022
    ** Up to Monday's close, stock had fallen ~16% YTD 

 (Reporting by Deborah Sophia in Bengaluru)
 ((DeborahMary.Sophia@thomsonreuters.com;))