Omniq (US:OMQS) Globenewswire·2025-11-14 22:00Core Insights - OMNIQ Corp reported an increase in gross profit and operational improvements in Q3 2025, with revenue of $8.8 million and gross profit of $3 million, reflecting a strategic focus on profitability and operational efficiency [1][9]. Financial Highlights - Revenue for Q3 2025 was $8.8 million, down from $9.5 million year-over-year, attributed to a focus on more profitable revenue streams and order timing [9]. - Gross profit increased to $3 million compared to $2 million in the same period for 2024 [9]. - Loss from operations improved to $591 thousand from $787 thousand year-over-year, representing a 13.7% improvement [9]. Operational Highlights - OMNIQ expanded its presence in key sectors, including higher education, healthcare, and transportation, by adding new customers and enhancing existing partnerships [3]. - A new contract was awarded by a major medical center, reinforcing OMNIQ's position in the healthcare sector and supporting long-term operational efficiency [5]. - The company deployed eight additional mobile license plate inventory (MLPI) vehicles, showcasing customer confidence in automated data collection [6]. - CMX Airport implemented OMNIQ technology to automate parking operations, indicating growth potential in the rural airport market for automation solutions [7]. Strategic Focus - The company is committed to introducing new use cases for its technology and emphasizes practical innovation that delivers measurable value to customers [8]. - OMNIQ's solutions are aimed at enhancing operational efficiency across various sectors, including government, healthcare, and education, with a focus on double-digit growth markets [10].