Bsquare Working With Investment Bank to Explore Strategic Options

Dow Jones2023-08-11

By Stephen Nakrosis

Bsquare on Thursday said it had been working with investment bank Telegraph Hill Advisors to explore strategic options.

Telegraph Hill will help the company initiate the process to creating shareholder value, said Bsquare President and Chief Executive Officer Ralph Derrickson.

Also on Thursday, the company released second-quarter financial results, reporting a loss per share of 1 cent on revenue of $6.53 million. In the year-ago period, the loss was 3 cents a share with revenue of $10.4 million.

At 4:32 p.m. ET, the stock was 4% lower at $1.18. IT finished the day's regular session with a 5.1% gain, closing at $1.23. Year to date,, shares are up by more than 8%.

Bsquare said it operates IoT networks and helps companies build connected products.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

August 10, 2023 16:53 ET (20:53 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2358084487?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-08-11 04:53","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2358084487","market":"us","top_or_hot":-1,"title":"Bsquare Working With Investment Bank to Explore Strategic Options","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Stephen Nakrosis \n</p>\n<pre>\n \n</pre>\n<p>\n  Bsquare on Thursday said it had been working with investment bank Telegraph Hill Advisors to explore strategic options. \n</p>\n<p>\n  Telegraph Hill will help the company initiate the process to creating shareholder value, said Bsquare President and Chief Executive Officer Ralph Derrickson. \n</p>\n<p>\n  Also on Thursday, the company released second-quarter financial results, reporting a loss per share of 1 cent on revenue of $6.53 million. In the year-ago period, the loss was 3 cents a share with revenue of $10.4 million. \n</p>\n<p>\n  At 4:32 p.m. ET, the stock was 4% lower at $1.18. IT finished the day's regular session with a 5.1% gain, closing at $1.23. Year to date,, shares are up by more than 8%. \n</p>\n<p>\n  Bsquare said it operates IoT networks and helps companies build connected products. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 10, 2023 16:53 ET (20:53 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bsquare Working With Investment Bank to Explore Strategic Options</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBsquare Working With Investment Bank to Explore Strategic Options\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-11 04:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>By Stephen Nakrosis \n\n\n \n\n\n  Bsquare on Thursday said it had been working with investment bank Telegraph Hill Advisors to explore strategic options. \n\n\n  Telegraph Hill will help the company initiate ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4023","symbol_name":"应用软件","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2358084487","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2358084487","pubTimestamp":1691700780,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Bsquare on Thursday said it had been working with investment bank Telegraph Hill Advisors to explore strategic options.Telegraph Hill will help the company initiate the process to creating shareholder value, said Bsquare President and Chief Executive Officer Ralph Derrickson.Also on Thursday, the company released second-quarter financial results, reporting a loss per share of 1 cent on revenue of $6.53 million. In the year-ago period, the loss was 3 cents a share with revenue of $10.4 million.At 4:32 p.m. ET, the stock was 4% lower at $1.18. IT finished the day's regular session with a 5.1% gain, closing at $1.23. Year to date,, shares are up by more than 8%.Bsquare said it operates IoT networks and helps companies build connected products.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4023":"应用软件","BSQR":"BSQUARE科技"},"translate_title":"Bsquare与投资银行合作探索战略选择","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BSQR":0.9},"content_text":"By Stephen Nakrosis \n\n\n \n\n\n  Bsquare on Thursday said it had been working with investment bank Telegraph Hill Advisors to explore strategic options. \n\n\n  Telegraph Hill will help the company initiate the process to creating shareholder value, said Bsquare President and Chief Executive Officer Ralph Derrickson. \n\n\n  Also on Thursday, the company released second-quarter financial results, reporting a loss per share of 1 cent on revenue of $6.53 million. In the year-ago period, the loss was 3 cents a share with revenue of $10.4 million. \n\n\n  At 4:32 p.m. ET, the stock was 4% lower at $1.18. IT finished the day's regular session with a 5.1% gain, closing at $1.23. Year to date,, shares are up by more than 8%. \n\n\n  Bsquare said it operates IoT networks and helps companies build connected products. \n\n\n \n\n\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 10, 2023 16:53 ET (20:53 GMT)\n\n\n  Copyright (c) 2023 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2358084487"}