Bsquare Corp Down 7.20% To $1.16 After Earnings

BSQUARE Corporation (BSQR) missed earnings estimates for Q4 2022 this afternoon.

Bsquare Corp's earnings came in at an EPS loss of $0.06 per share. The firm's loss per share expanded by 50% since reporting a loss of $0.04 per share a year ago. Remember, earnings reported were on an adjusted basis, so they may not be comparable to prior reports and/or analyst estimates.

Bsquare Corp reported a revenue of $8 million in Q4 2022. The firm managed negative 12% growth year-over-year due to Bsquare Corp reporting quarterly revenue of $9.1 million in its year-ago quarter. Bsquare Corp achieved a lower earnings growth rate than revenue, signaling that the business has not been able to improve its profit margin.

The stock is down 7.20% to $1.16 after the report.

Despite Bsquare Corp reporting a decline in revenues, earnings increased signaling a rise in profit margins.

InvestorsObserver gives the stock a Bullish Sentiment score at the moment based on recent trading.

Bsquare Corp has performed a little above average during the past few months. Before the report, Bsquare Corp received a Long-Term Technical Rank by InvestorsObserver of 54, putting it in the top half of stocks. The firm set a 52-week low on October 12, 2022 at $1 and set a 52-week high on March 28, 2022 at $1.86.

BSQUARE Corp provides software solutions and related engineering services to businesses that develop, market and sells standalone intelligent systems. Its business segments are Partner Solutions and Edge to Cloud. It focuses on a system that utilizes various Microsoft Windows Embedded operating systems as well as devices running other popular operating systems such as Android, Linux, and QNX. The company's customers include original equipment manufacturers, original design manufacturers, corporate enterprises, silicon vendors and peripheral vendors. The group has a global business presence and generates prime revenue from the Partner solutions segment.