Bsquare Reports Second Quarter 2019 Financial Results
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Bsquare (BSQR) Reports Q2 Loss of $0.19 on Revenues of $14.18M
August 12, 2019 4:10 PM EDTBsquare (NASDAQ: BSQR) reported Q2 EPS of ($0.19), versus ($0.29) reported last year. Revenue for the quarter came in at $14.18 million, versus $19.2 million reported last year.
Second Quarter 2019 Financial Highlights
Revenue was $14.2 million, down by $900,000 from $15.1 million in the first quarter of 2019, down 26.2% compared to the second quarter of 2018 and down 6.1% compared to the first quarter of 2018, primarily due to lower sales of Microsoft Windows Embedded operating systems.Operating expenses in the second quarter included a $1.4 million charge for restructuring costs associated with a workforce reduction plan approved by the Board... More