Bsquare Reports First Quarter 2019 Financial Results

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Bsquare (BSQR) Reports Q1 Loss of $0.22

May 13, 2019 4:09 PM EDT

Bsquare (NASDAQ: BSQR) reported Q1 EPS of ($0.22), versus ($0.19) reported last year. Revenue for the quarter came in at $15.1 million, versus $20.68 million reported last year.

First Quarter 2019 Financial Highlights

Revenue was $15.1 million, down 27% compared to the first quarter of 2018 and down 10% compared to the fourth quarter of 2018.Net loss was $2.8 million, or $(0.22) per diluted share, compared to a net loss of $2.4 million, or $(0.19) per diluted share, in the first quarter of 2018, and a net loss of $5.5 million, or $(0.43) per diluted share, in the fourth quarter of 2018.Adjusted... More