Bsquare (BSQR) Reports Q1 Loss of $0.04

Bsquare (NASDAQ: BSQR) reported Q1 EPS of ($0.04), versus ($0.10) reported last year. Revenue for the quarter came in at $16.7 million, versus $15.4 million reported last year.

"Q1 was a solid quarter. We were able to increase revenue sequentially for the third consecutive quarter, we decreased operating expenses for the fifth consecutive quarter, and we hit break-even on an adjusted EBITDAS basis. We also added modestly to our cash balance, something that hasn\'t happened since Q4 2016. Bsquare started 2020 strongly and while the full impact of the COVID-19 pandemic is unknown, our team is well prepared to meet the challenges ahead,\" said Ralph C. Derrickson, Bsquare President and CEO.

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

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