Bsquare (BSQR) Misses Q3 EPS by 20c

Bsquare (NASDAQ: BSQR) reported Q3 EPS of ($0.20), $0.20 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $19.7 thousand, versus $0 reported last year.

GUIDANCE:

Bsquare sees Q4 2017 revenue of $19-21 billion.

• Revenue in the range of $19.0 million to $21.0 million.
• The Company expects to close additional paid pilots in the quarter, in addition to booking the $2.9 million, 4-year license renewal with Itron, Inc.
• Blended gross margin in the 18% to 20% range.
• A net loss, reflecting continued investments in R&D, sales and marketing to grow DataV.

For earnings history and earnings-related data on Bsquare (BSQR) click here.

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