BOS Reduces Its Losses in the Third Quarter, Affirms 2006 Guidance
December 4, 2006 Timothy Prickett Morgan
Midrange connectivity software and thin client vendor Better Online Solutions continues to make progress in getting its top and bottom lines moving in the same direction after restructurings earlier this year. For the third quarter ended September 30, BOS reported sales of $5.3 million, down 6 percent, and a gross profit of $1.1 million, down 39 percent. These results do not include the effects of several divestitures that BOS made earlier this year. For the quarter, BOS still booked a net loss of $394,000, but that was a far cry better than the $1.7 million net loss it had a |