BOS

BOS Reports Financial Results for the Fourth Quarter and the Year 2023

Retrieved on: 
Thursday, March 28, 2024
Online, ID, The Company, BOS, Growth, LE, EDT, Video game

RISHON LE ZION, Israel, March 28, 2024 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ: BOSC) reported its financial results for the fourth quarter and the year 2023.

Key Points: 
  • RISHON LE ZION, Israel, March 28, 2024 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ: BOSC) reported its financial results for the fourth quarter and the year 2023.
  • Fourth Quarter 2023 Financial Highlights:
    Revenues reduced by 3.5% to $10.9 million from $11.3 million in the fourth quarter of the year 2022;
    Operating profit amounted to $400,000 compared to $652,000 in the fourth quarter of the year 2022;
    EBITDA amounted to $562,000 compared to $781,000 in the fourth quarter of the year 2022;
    Financial income amounted to $31,000 compared to financial expenses of $115,000 in the fourth quarter of the year 2022;
    Net income amounted to $427,000 or $0.07 per basic share compared to $531,000 or $0.09 per basic share in the fourth quarter of the year 2022.
  • Eyal Cohen, BOS' CEO, stated: "We are pleased with the financial results of year 2023, which reflect net income of $2 million, above our expectation of $1.5 million.
  • "The fourth quarter results of 2023 were weak as compared to those of the fourth quarter of 2022 due to the war that started in October 2023.

AirBoss Announces Amendment to Credit Facilities

Retrieved on: 
Wednesday, March 27, 2024
J. P. Morgan, Growth, National Bank of Canada, Bank, Public expenditure, Toronto-Dominion Bank, Bank of Montreal, Royal Bank, Adjustment, Commerce, TSX, Royal Bank of Canada, National bank, BOS, Comerica, CAD, Pet industry

NEWMARKET, Ontario, March 27, 2024 (GLOBE NEWSWIRE) -- AirBoss of America Corp. (TSX: BOS) (OTCQX:ABSSF) (the “Company” or “AirBoss”) today announced that it has amended its senior secured revolving credit facilities.

Key Points: 
  • NEWMARKET, Ontario, March 27, 2024 (GLOBE NEWSWIRE) -- AirBoss of America Corp. (TSX: BOS) (OTCQX:ABSSF) (the “Company” or “AirBoss”) today announced that it has amended its senior secured revolving credit facilities.
  • Key changes include the following:
    A downsizing of the credit facility from US$250 million to US$150 million in 2024 and 2025, and US$175 million thereafter;
    Commencing with dividends payable after April 2024, the Company will pay a maximum quarterly dividend of CAD$1.0 million, until the end of 2025;
    A maximum of US$10 million in 2024 and US$20 million in 2025, of capital expenditures, unless approved by the lenders; and
    Replacing the leverage and interest coverage ratios with minimum Adjusted EBITDA and liquidity requirements, and excluding certain charges from the calculation of Adjusted EBITDA, until the end of 2024.
  • “We appreciate the continued support of our syndicate of lenders,” said Chris Bitsakakis, President and Co-CEO of AirBoss.
  • “While these amendments require some adjustments to our dividend and capital expenditure policies, we believe they are in the best interest of our shareholders and other stakeholders as they will enable us to invest in our long-term growth and create sustainable value while prioritizing deleveraging, continuing our goal of transforming AirBoss into a global market leader in the custom rubber compounding market and the industries which we serve.”
    The syndicate of lenders remains The Toronto-Dominion Bank, as sole lead arranger, National Bank of Canada, Comerica Bank, J.P. Morgan, Bank of Montreal, Canadian Imperial Bank of Commerce and Royal Bank of Canada.

BOS' Intelligent Robotics Division Receives an Order for €565,000

Retrieved on: 
Monday, March 25, 2024
Online, BOS, LE, Robotics

RISHON LE ZION, Israel, March 25, 2024 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. (“BOS” or the “Company”) (NASDAQ: BOSC) announced today that its Intelligent Robotics Division has received a €565,000 order for a robotic production line from an Israeli defense-industry customer.

Key Points: 
  • RISHON LE ZION, Israel, March 25, 2024 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. (“BOS” or the “Company”) (NASDAQ: BOSC) announced today that its Intelligent Robotics Division has received a €565,000 order for a robotic production line from an Israeli defense-industry customer.
  • The order is for delivery in the fourth quarter of 2024.
  • Eyal Cohen, BOS' CEO, stated: “Our strategic growth plan for the Intelligent Robotics division focuses on customers from the Israeli defense market, which have a great potential for recurring orders.
  • I am pleased with the execution of this strategy that is reflected by this order from an existing customer.”

JetBlue Expands Transatlantic Service to Paris With Launch of Daily Nonstop Flight From Boston

Retrieved on: 
Thursday, April 4, 2024
Air, Transport, Transportation, Vacation, Destinations, Travel, Tea, DIG, Caraá, Sport, Tuft, DHG, Partnership, Coffee, Legacy Recordings, Terminal, Sale, News, JetBlue Mint, A321, A321LR, Carbon, Plus ultra, Wine, Investment, JetBlue, Tuft & Needle, TrueBlue, Restaurant, Atmosphere, CDG, Aircraft, Fortification, Beer, BOS, Paris Agreement, Economics, Television, SAF, Airline

The A321 - offering the range of a wide-body but with the economics of a single-aisle aircraft- allows JetBlue to effectively disrupt the transatlantic market with the airline’s award-winning service and low fares.

Key Points: 
  • The A321 - offering the range of a wide-body but with the economics of a single-aisle aircraft- allows JetBlue to effectively disrupt the transatlantic market with the airline’s award-winning service and low fares.
  • Charles de Gaulle airport is Europe’s second busiest international airport, serving more than 76 million travelers in 2019.
  • Through this strategy, JetBlue’s goal is to reach net zero carbon emissions by 2040, ten years ahead of broader industry targets.
  • JetBlue is New York's Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando and San Juan.

JetBlue Flights to the Emerald Isle Taking Off Today

Retrieved on: 
Thursday, March 14, 2024
Transportation, Air, Transport, Travel, Brie, DIG, Growth, Caraá, JFK, Tuft, DHG, Dublin Airport, Airbus, Legacy Recordings, International airport, News, Plus ultra, Logan International Airport, JBLU, Tuft & Needle, Tourism, Cheese, Atmosphere, Catalog, DUB, Autio, BOS, Airbus A320neo family, Airline

JetBlue (Nasdaq: JBLU) announced it has expanded its transatlantic offerings with new, nonstop flights taking off from New York and Boston today.

Key Points: 
  • JetBlue (Nasdaq: JBLU) announced it has expanded its transatlantic offerings with new, nonstop flights taking off from New York and Boston today.
  • JetBlue has disrupted the transatlantic market since it first launched flights to London in 2021 offering a fresh, innovative, customer-focused experience without the historically high fares of legacy carriers.
  • Since then, JetBlue has expanded its portfolio to include Paris, Amsterdam and now Dublin, and will continue its growth in Europe with seasonal flights to Edinburgh and additional frequencies to Paris later this spring.
  • “JetBlue’s entrance into Dublin is set to introduce a new era of low fares and great service between Ireland and the Northeast,” said Joanna Geraghty, chief executive officer, JetBlue.

CLEAR Expands Impact at Boston Logan Airport Bringing Expedited Identity Verification Lanes to Terminal E

Retrieved on: 
Wednesday, April 3, 2024
Finger, American Express, Veteran, Travel, Lane, Terminal A, CLEAR, Logan International Airport, Airport, TSA, BOS, Delta Air Lines, Airline

BOSTON, April 3, 2024 /PRNewswire/ -- CLEAR (NYSE: YOU) today announced that its secure identity technology is now available in Terminal E at Boston Logan International Airport's (BOS). With this expansion, CLEAR's expedited security lanes are now available at Terminals A, B and E. The expansion is expected to create 15 new jobs bringing CLEAR's total to 87 jobs at the BOS airport, and brings the company's anticipated annual economic impact in the Boston area to approximately $5.3 million.

Key Points: 
  • "We are thrilled to be expanding our footprint at Boston Logan Airport and help even more Bostonians enjoy a friction-free airport experience at Terminal E," said CLEAR CEO Caryn Seidman Becker.
  • After verification, a CLEAR Ambassador escorts members through the dedicated lane and directly to TSA physical security.
  • CLEAR first launched at BOS in May of 2019 at Terminal A, becoming the 29th airport location to have the identity verification service.
  • CLEAR has continued to expand at BOS, adding Lanes in Terminal B in November of 2021 and now expanding to Terminal E. CLEAR's expedited identity verification lanes are available at 56 airports across the country.

Trina Solar's Vertex N 720W series modules power projects in various settings

Retrieved on: 
Wednesday, March 20, 2024
Farmer, Marketing, PV, BOS, LCOE, Renewable energy

As one of the most popular modules around the world, Trina Solar's Vertex N 720W series modules have been widely used in various settings.

Key Points: 
  • As one of the most popular modules around the world, Trina Solar's Vertex N 720W series modules have been widely used in various settings.
  • A 500MW PV power station in a high-altitude desert region of northwest China was connected to grid in late December, all using Vertex N 720W series modules.
  • Another high-altitude solar and storage plant using 88MW Vertex N 720W series modules was connected to the grid in November.
  • These projects further illustrate the great trust owners place in Trina Solar's Vertex N 720W series modules, a star in ground-mounted power stations.

Trina Solar's Vertex N 720W series modules power projects in various settings

Retrieved on: 
Wednesday, March 20, 2024
Farmer, Marketing, PV, BOS, LCOE, Renewable energy

As one of the most popular modules around the world, Trina Solar's Vertex N 720W series modules have been widely used in various settings.

Key Points: 
  • As one of the most popular modules around the world, Trina Solar's Vertex N 720W series modules have been widely used in various settings.
  • A 500MW PV power station in a high-altitude desert region of northwest China was connected to grid in late December, all using Vertex N 720W series modules.
  • Another high-altitude solar and storage plant using 88MW Vertex N 720W series modules was connected to the grid in November.
  • These projects further illustrate the great trust owners place in Trina Solar's Vertex N 720W series modules, a star in ground-mounted power stations.

AAOS Announces Research Funding for Orthopaedic Specialty Societies

Retrieved on: 
Tuesday, March 12, 2024
Research, Organization, Patient, AAOS, American Academy, MD, MBA, BOS, Pharmaceutical industry

ROSEMONT, Ill. , March 12, 2024 /PRNewswire/ -- The American Academy of Orthopaedic Surgeons' (AAOS) announced the recipients of the AAOS Board of Specialty Societies (BOS) Research Support Fund Awards. Two investigators and their sponsoring organizations will receive awards of $27,500 to $72,500 for a total of $100,000 in funding towards evidence-based research in musculoskeletal healthcare. All applications were reviewed for scientific merit through AAOS' Scientific Review Group, a workgroup consisting of AAOS members representing the AAOS Research and Quality Council, the BOS and the Orthopaedic Research and Education Foundation.

Key Points: 
  • ROSEMONT, Ill. , March 12, 2024 /PRNewswire/ -- The American Academy of Orthopaedic Surgeons' (AAOS) announced the recipients of the AAOS Board of Specialty Societies (BOS) Research Support Fund Awards.
  • Two investigators and their sponsoring organizations will receive awards of $27,500 to $72,500 for a total of $100,000 in funding towards evidence-based research in musculoskeletal healthcare.
  • All applications were reviewed for scientific merit through AAOS' Scientific Review Group, a workgroup consisting of AAOS members representing the AAOS Research and Quality Council, the BOS and the Orthopaedic Research and Education Foundation.
  • "Together with our partners at the orthopaedic specialty societies, the AAOS is supporting the advancement of scientific knowledge across the field of orthopaedics," said AAOS Research and Quality Council Chair David S. Jevsevar, MD, MBA, FAAOS.

BOS' Intelligent Robotics Division Receives an Order for €615,000 

Retrieved on: 
Monday, March 11, 2024
Online, The Company, Robotics, LE, BOS

RISHON LE ZION, Israel, March 11, 2024 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ: BOSC) announced today that its Intelligent Robotics Division has received a €615,000 order for a robotic production line from an Israeli defense-industry customer.

Key Points: 
  • RISHON LE ZION, Israel, March 11, 2024 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ: BOSC) announced today that its Intelligent Robotics Division has received a €615,000 order for a robotic production line from an Israeli defense-industry customer.
  • Eyal Cohen, BOS' CEO, stated: "Our strategic growth plan for the Intelligent Robotics division focuses on customers from the Israeli defense market, which have a great potential for recurring orders.
  • We have invested extensively in our Robotics division in recent years, including in a significant restructuring of its operations and business model.
  • We have seen continued improvement in the Intelligent Robotics division and expect it to be profitable in the fourth quarter of 2023."