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B.O.S. Reports Second Quarter 2019 Financial Results - Revenue Growth of 16%, and Non-GAAP Net Income of $219,000

B.O.S. Better Online Solutions - Ordinary Shares (BOSC) 
US:NASDAQ Investor Relations: group.hugoboss.com/en/investor-relations
Company Research Source: GlobeNewswire
Company is on track to meet expectation of 2019 non-GAAP net income above $1.3 million RISHON LE ZION, Israel, Aug. 27, 2019 (GLOBE NEWSWIRE) -- B.O.S. Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ: BOSC), a global provider of intelligent systems and services for production and logistics, reported its financial results for the second quarter and six months ended June 30, 2019. Second Quarter 2019 Results: Revenues for the second quarter grew by 16% to $8.8 million from $7.6 million in the comparable quarter last year. The growth was attributed to the Supply Chain division, whose revenues for the second quarter grew by 32%, to $5.6 million, from $4.2 million in the comparable period last year. The growth engine of the Supply Chain continues to be international sales, which accounted for 56% of its revenues in the second quarter of 2019 as compared to 53% in the year 2018 and 46% of revenues in the year 2017. Revenues in the Intelligent Robotics and RFID division Show less Read more
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