Bowmo, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 21, 2023 at 04:06 pm EST
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bowmo, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 0.062 million. Net loss was USD 0.997439 million compared to USD 0.559583 million a year ago.
For the nine months, sales was USD 0.066476 million compared to USD 0.149848 million a year ago. Net loss was USD 1.65 million compared to USD 2.28 million a year ago.
Bowmo, Inc. is an artificial intelligence (AI)-powered recruiting company. The Companyâs principal lines of business are direct placement of candidates with employers and recruiting as a service. It offers recruiting software and services through an online AI-driven platform to connect potential candidates to employers for all businesses looking. It provides an intelligent software solution for the staffing and recruiting industry that integrates into existing ATS, applicant tracking systems. It helps to revive the recruiterâs human touch and evolve the candidate sourcing process. The Companyâs bowmo V-RPO is a combination of proprietary AI-based technology for a do-it-yourself sourcing experience, matching candidates to jobs from 200 million potential candidates without having to use keyword searches or Boolean strings. The bowmo V-RPO automates the process with its AI-based matching engine and then provides tools, such as video interviewing and cultural and technical assessments.