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world’s business services, that ahead, and out the quarter. largest success the our services this to vertical business and further So very chain confident – and strong. of our We in of this remains remain continued opportunities orders vertical, companies push legacy supply of core remain the many that needs our discuss despite is
We significant us make continue to our reach advancements, and to long-term plans. yearly growth which the objectives ability provide
actively excellent dedicated quarter customer substantial service and tirelessly to team Our new pursue throughout contracts. worked numerous the provide
positive confident more revenue current efforts compensating than the for results will that We’re yield decrease. our
to largest this saw longstanding you United modernize for earlier fact, systems have food aims of been the million selected In companies logistic in industries enlarge $XX This announcement as we modernize and that we one significant to the project States. morning, this multi-billion customer. the for and of chain supply project drug the the released,
services The OMNIQ’s project application proper order under managing distribution routing This level and timing, Android-based supply ensuring operations customers. is The support within proof the total and chain its of delivery the to centers IoT handheld specialized using their devices responsibility. customer customer’s success. end ensures of warehouses, includes for up point delivery and to
within fronts, the systems. six over logistic seamless months Our design team worked on our has on these and last where integration diligently focus projects many including we customer’s
efforts and have prestigious from worldwide. the one culminated a confidence we again strong take in receiving Our of success corporations more and in pride vote of once largest
role of companywide project, company’s and The on to performance unwavering a This entire dedication undoubtedly the our throughout pipeline evolving enduring ever robust pivotal in longstanding has with played coupled and meet our customers team of XXXX beyond. our nurturing have backlog, demands will our impact partnerships. positive
introduce but provides that also only important is for opportunity It advantages to AI-related products emphasize not base. to our this segment presents significant stable revenue these to us generation, customer
substantial over As penetrate margins we in further gradually this and market, we revenue both a increase time. anticipate our
And finally, The management public and parking. encompasses vertical tailored traffic our AI solution commercial traffic airports, management. for
impressive many mentioned, airports relies successfully to our additional achievement market. on vertical grow. previously in total have This solidifies This and focus deployed bringing our our whom airports, we position on viable As an XX channel solution to we partners continue our in nationwide.
the saw we QX, expand. In growth
significant of a as better customer operations. Our This is and or and expenses manual actions. product our creates which provides it customers reduces previously a experience precise automates scalable user-friendly non-automated solution, efficiencies,
our to our quarter, by interest and and by growth continued products evidenced XX% success AI in products we AI As further existing forward. our look going show customers, new both forward this
conclude I to for definitive our questions, like to and turn this over recently Before call Tadiran. announced I’d discuss agreement
portion from of results As revenue significant statements, a XXXX million reported revenue. in Tadiran’s $X.X entered $XX also with into had Telecomm. press we agreement a recurring Tadiran Tadiran our Afcon segment in Based on release, in financial reported of operating annual definitive July and includes XXth have profit. revenues XXXX million
be with $XX.XX debt. OMNIQ traditional million XXX% to which of will of will is a million cash financed expected total in paid For be which $XX.X shares, pay Tadiran’s of consideration
will million common in the paid addition, non-discounted the restricted consideration In form be stock. of $X.XX of
possess enables complete With of that the and better us a Tadiran, solution. addition to serve proprietary we will comprehensive communication customers solution our our
technology platform three and utilizes act. identify steps, sense, Our we
include and automation to sensors levels. provide chain, hospitality of our greater sensing, identification at now RFID data cellular enhances superior faster risks action. in speeds. service the allowing current mitigate Tadiran, retail new and solution the to and a our significantly Bluetooth with more and scanners, technologies This us addition accurate which analyze With audio, management, our can today all signals events at digital allowing we detail and Wi-Fi add faster a customers, manage and to unique to supply The and ability traffic into smart is us camera’s,
greater also communication As us but OMNIQ to continues enables automation us important the and and needs take with communication current and to customers, customers communication trends sensing not to prompt drive for identifying level, to acquisition as capability identify at communication proactive This the is existing in we of respond our predictive AI faster this organizational our crucial real-time it allows commitment meet and AI create sensing. delivering This actions. our data By the actions. is precise to provides automation through and us accuracy. and capability leveraging digitization the can only of
and acquisition pivotal market model, These goals as Safe offering, our business and with shareholder for new profitability. opportunities customer robust strengthen strategic portfolio streams. recurring solutions, of perfectly OMNIQ, value. our it enhancing base, enhanced with synergies aligns Tadiran increased increasing moment expanding is City our revenue Our of UC&C unlock a position revenue and we Tadiran’s By and expansion, growth, for create market
to faced. plans position We solid and in have see As that the the believe many our explained, I for year. challenges during expectations our the continue a are quarter, we near-term success to continue company despite with we
to to further future of we and to confident company our further are sales the continuing look in forward success. ramp continue while we As reduce costs,
ensuring and capitalize initiatives on segments before resources to dedicated remains continued we and focus we strategic shareholders’ that our road map, opportunities and have approach the are adhering our value. clear By the We confident drive our crystal Our and in our us. ability to outlined, been allocate maximize success disciplined. that remains remain effectively to
to I sincere As the thanks call suppliers, to professional our the loyal and other team and would like questions, our my supporters. we turn strong also extend over to customers
would their all wish you our us, continued trust we as thank for shareholders like in Finally, as well to success.
Operator, over turn I’ll now call this questions. for
