Bsquare Corp Up 3.65% To $1.14 After Earnings

Friday, May 12, 2023 - Bsquare Corp (BSQR) reported in line earnings and upside revenues.

The company reported an EPS loss of $0.00 per share. The firm reported an EPS loss of $0.05 per share in the year-ago quarter. The increase in Bsquare Corp's annual growth rate represents how the business .

Revenues were upbeat at $8.1 million. That revenue figure represents a 16.35% decrease from the year ago quarter.

The stock is up 3.65% to $1.14 after the report.

The firm's lower revenue growth to earnings signals that the firm has been able to reduce costs and improve its profit margin overall.

Trading in the five days leading up to the report earned Bsquare Corp a Bearish Sentiment Rank from InvestorsObserver.

Prior to the report, InvestorsObserver gave the stock an overall score of 15.

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.