Bsquare (BSQR) Reports Q1 Loss of $0.05
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Bsquare Announces First Quarter 2022 Financial Results
May 12, 2022 4:05 PM EDTRevenue increases quarter over quarter; Company initiates device maker marketing
SEATTLE, May 12, 2022 /PRNewswire/ -- Bsquare Corporation (NASDAQ: BSQR) today announced financial results for the first quarter of 2022. Total revenue was $9.7 million, an improvement of $0.7 million or 7% compared to the fourth quarter of 2021. Gross profit increased $0.2 million quarter-over-quarter. Loss from operations was $0.9 million, in-line with the fourth quarter operating loss. Cash decreased $0.6 million from December 31, 2021.Â
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