OMNIQ Announces Purchase Order By Burger Ranch For Self Ordering Kiosks, Self-Check-Out Kiosks And A Feature Supporting Cash Transactions
Portfolio Pulse from Benzinga Newsdesk
OMNIQ Corp. has received a purchase order from Burger Ranch for the supply of self-ordering kiosks, self-check-out kiosks, and a new feature supporting cash transactions. This development signifies an expansion of OMNIQ's market presence in the fast-food industry and highlights the growing trend of automation in retail and hospitality sectors.
March 06, 2024 | 1:46 pm
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OMNIQ Corp. has secured a purchase order from Burger Ranch for self-ordering and self-check-out kiosks, including a cash transaction feature, indicating a potential increase in revenue and market share in the automation sector.
The purchase order from Burger Ranch represents a direct revenue opportunity for OMNIQ Corp. and showcases the company's capabilities in the fast-growing automation sector. This deal could lead to increased investor confidence and potentially higher demand for OMQS shares in the short term, given the positive outlook on automation technologies in the retail and hospitality industries.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90