BOSC Backlog Surges 29% to $31M, Company Expects to Exceed Full-Year Revenue Target
BOSC sits 21% above its 52-week low of $3.83.
Summary
BOSC reported Q1 2026 revenue of $11.39 million and EPS of $0.11. While revenue declined year-over-year due to a prior-year one-time boost, the company's backlog significantly increased by 29% to $31 million. This strong backlog growth and the updated expectation to exceed the full-year revenue target of $51 million are positive indicators for future performance. The company also maintains its full-year net income target of $3.6 million despite currency pressures.
At the time of this announcement, BOSC was trading at $4.64 on NASDAQ in the Technology sector, with a market capitalization of approximately $33.5M. The 52-week trading range was $3.83 to $6.72. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.