B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) Q3 2022 Earnings Call Transcript

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Todd Felte: Okay, and do you denominate most of your contracts outside of Israel in U.S. dollars?

Eyal Cohen: Yes, all the contracts outside of Israel are in U.S. dollars, and recently all the contracts in Israel are linked to the consumer index, linked to inflation in Israel.

Todd Felte: Okay, well all that’s very helpful. Congratulations again on a great quarter and look forward to seeing the continued progress of the company.

Eyal Cohen: Thank you very much, Todd.

Operator: If there are any additional questions, please press star, one. If you wish to decline from the polling process, please press star, two. If you are using speaker equipment, kindly lift the handset before pressing the numbers. The questions will be polled in the order they are received. Please stand by while we poll for your questions. There are no further questions at this time. I would now like to turn the call over to Mr. Ziv Dekel, Chairman to make a concluding statement. Mr. Dekel, please go ahead.

Ziv Dekel: Thank you for joining us today. This quarter was characterized by the continued execution of our plans–successful execution of our plans of business improvement, capabilities build-up, and solution offering expansion, which Eyal and the team are successfully leading. Accordingly, we are already expecting a notable achievement of realizing our targets for 2022. Looking forward to Q4 onwards, I trust Eyal and the management to further implement BOS’ strategy to yield up top-line growth and increasing profit margin, market share, and competitive position. Thank you for spending your time with us. Please do not hesitate to contact Eyal or me for further information or questions. Looking forward to meet with you at our next quarterly call.

Operator: Thank you. I would like to remind participants that a replay of this call will be available on the company’s website, www.boscom.com by tomorrow. This concludes BOS’ third quarter 2022 results conference call. Thank you for your participation. You may go ahead and disconnect.

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