Posted On: 12/03/2013 7:10:09 AM
Post# of 63765
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$BOSC $7.60
B.O.S. Better Online Solutions Ltd.
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B.O.S. Better Online Solutions Ltd.
Net Profit of $219,000 and NON GAAP Net Profit of $415,000 / Dec 2nd
RISHON LEZION, Israel, Dec. 2, 2013 (GLOBE NEWSWIRE) -- B.O.S. Better Online Solutions Ltd. (the "Company", "BOS") (Nasdaq: BOSC ), a leading Israeli provider of RFID and supply chain solutions to global enterprises, today reported its financial results for the three months ended September 30, 2013.
Highlights - on a GAAP basis:
- Revenues for the third quarter of 2013 grew by 16% as compared to the comparable quarter last year. Revenues for the first nine months of 2013 grew by 3%, as compared to the comparable period last year.
- Net profit for the third quarter of 2013 amounted to $219,000, as compared to a net loss of $66,000 in the comparable period last year. Net loss for the first nine months of 2013 amounted to $43,000 as compared to a net loss of $586,000 in the comparable period last year.
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