Bsquare (BSQR) Reports Q2 Loss of $0.03
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Bsquare Announces Second Quarter 2022 Financial Results
August 11, 2022 4:05 PM EDTRevenue increases quarter over quarter; Healthy balance sheet provides options for growth
SEATTLE, Aug. 11, 2022 /PRNewswire/ -- Bsquare Corporation (NASDAQ: BSQR) today announced financial results for the second quarter of 2022. Total revenue was $10.4 million, an improvement of $0.7 million or 7% compared to the first quarter of 2022. Gross profit increased $0.1 million quarter-over-quarter. Loss from operations was $0.7 million, an improvement of $0.2 million over the first quarter operating loss. Cash decreased $2.2 million from December 31, 2021.Â
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