BOS Boosts Sales in Q2, Bottom Line Hit by Note Conversion
August 6, 2007 Timothy Prickett Morgan
The midrange connectivity software and thin client business is doing better by Better Online Solutions. The Israeli company reported a substantial increase in sales in the second quarter ended June 30, and the company would have showed profit increases, too, if an investor had not cashed in convertible notes during the quarter, too. During the second quarter, BOS had total sales of $5.7 million, up 27.6 percent compared to the year-ago quarter. The company’s product sales backlog was $7.8 million as well, up 28 percent compared to the beginning of 2007 and foreshadowing what could be improving sales in |