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OMNIQ Increases Sequential Revenue to $19.1 Million, Achieves Strong 26% Margin and Reduces Operating Expenses in Q2 2024

OMNIQ Increases Sequential Revenue to .1 Million, Achieves Strong 26% Margin and Reduces Operating Expenses in Q2 2024

SALT LAKE CITY, Aug. 14, 2024 (GLOBE NEWSWIRE) — omniQ Corporation (OTCQB: OMQS) (“omniQ” or the “Company”), a leading provider of artificial intelligence (AI) solutions, today reported second quarter revenue of approximately $19.1 million, an improvement from the prior quarter.

FINANCIAL HIGHLIGHTS: