Omniq Corp   (OMQS)
Other Ticker:  
Price: $0.4229 $0.00 0.308%
Day's High: $0.4396 Week Perf: -31.54 %
Day's Low: $ 0.41 30 Day Perf: -23.8 %
Volume (M): 88 52 Wk High: $ 6.35
Volume (M$): $ 37 52 Wk Avg: $2.01
Open: $0.42 52 Wk Low: $0.29

 Market Capitalization (Millions $) 3
 Shares Outstanding (Millions) 8
 Employees -
 Revenues (TTM) (Millions $) 100
 Net Income (TTM) (Millions $) -15
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 1

Omniq Corp
Omniq Corp. is a publicly-traded technology company that provides advanced solutions for data collection, mobility, and automation. The company operates in several key industries, including logistics, transportation, retail, health care, and government. Omniq was founded in 2016 and is headquartered in Salt Lake City, Utah.

Omniq has developed its own proprietary technology platform called OMNIQ Vision, which combines artificial intelligence, machine learning, and computer vision capabilities to help companies automate their workflows and improve operational efficiency. The platform can be integrated with various hardware devices, such as sensors, cameras, and scanners, to capture and analyze real-time data.

The company's products and services include mobile computing solutions, barcode and RFID systems, security and surveillance systems, custom software development, and consulting services. Additionally, Omniq has developed an AI-based image recognition system for retail stores called See+, which can analyze and classify products on the shelves and provide retailers with valuable insights for improving inventory management, marketing campaigns, and customer engagement.

Omniq's customers range from small businesses to large multinational corporations, with notable clients including Walmart, Amazon, FedEx, and the U.S. Department of Defense. The company's solutions have been deployed in various applications, such as supply chain management, parking management, access control, inventory tracking, and asset management.

Omniq has experienced rapid growth in recent years, with revenue increasing from $18 million in 2018 to $40 million in 2019. The company's stock is traded on the NASDAQ exchange under the ticker symbol "OMQS". As of August 2021, Omniq has a market cap of approximately $445 million.

   Company Address: 1865 West 2100 South Salt Lake City 84119 UT
   Company Phone Number: 244-9577   Stock Exchange / Ticker: NASDAQ OMQS


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Omniq Corp

Omniq Corp Reports Significant Decline in Q2 2023 Earnings: A Closer Look at the Cloud Computing & Data Analytics Company's Performance

Omniq Corp, a technology company specialized in providing solutions for the supply chain and automation industry, recently released its financial results for the most recent fiscal period. Unfortunately, the company reported a deficit per share of $-0.49, which is a decline compared to the $-0.44 from a year ago, and a surge from the $-0.45 reported in the previous reporting period. These numbers indicate a worsening financial situation for the company.
The revenue also took a hit, receding considerably by -17.097% to $19.89 million from $23.99 million in the same reporting period a year prior. Furthermore, the sequential revenue fell by -28.522% from $27.82 million. These declining revenue figures may be concerning to investors and stakeholders, as they suggest a decrease in demand for Omniq Corp's products and services.


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