Bsquare (BSQR) Reports Q4 Loss of $0.10

Bsquare (NASDAQ: BSQR) reported Q4 EPS of ($0.10), versus ($0.09) reported last year. Revenue for the quarter came in at $15.4 million, versus $14.6 million reported last year.

"The pace of our work to stabilize and improve Bsquare accelerated in the fourth quarter and our financial results are a reflection of that effort. Opportunities we identified in the Partner Solutions segment in Q4 drove sequential revenue growth and the value we continue to deliver to customers in the Edge to Cloud segment lifted our margins above our guidance," said Bsquare President and CEO Ralph C. Derrickson.

"Our improving instrumentation of the business also helped us identify additional expense reductions, including closing the Taiwan operations and further reducing our personnel spending in the US. We now have a leadership team comprised of entrepreneurs and a clear plan based on a sustainable business model. With a relentless focus on operating discipline, we will build a growing, predictable enterprise in 2020," added Mr. Derrickson.

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

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