Up as profit more than doubles

BOS Better Online Solutions

27/05/2021 15:45

** Shares of global provider of custom-made robots  BOSC.O 
rise 1.5% to $3.38
    ** Q1 net income rises to $123,000 from $54,000 a
year-ago urn:newsml:reuters.com:*:nGNXcddBqF
    ** However, revenue drops to $7.3 mln from $7.5 mln due to
adverse effects of the COVID-19 pandemic
    ** CEO attributes results to continuing improvement in
Robotics division 
    ** For FY21, co expects revenues in excess of $33 mln and a
net profit of above $1 mln 
    ** YTD, stock up 1.5%

 (Reporting by Shreyasee Raj in Bengaluru)
 ((Shreyasee.Raj@thomsonreuters.com;))