Alternative Investment Corporation Reports Earnings Results for the Third Quarter Ended June 30, 2020
August 24, 2020 at 04:31 pm EDT
Alternative Investment Corporation announced earnings results for the third quarter ended June 30, 2020. For the third quarter, the company announced operating loss was USD 54,252 compared to USD 83,165 a year ago. Net loss was USD 69,525 compared to USD 99,534 a year ago. Basic loss per share from continuing operations was USD 0.16 compared to USD 0.23 a year ago. For the nine months, operating loss was USD 188,709 compared to USD 213,756 a year ago. Net loss was USD 229,812 compared to USD 238,041 a year ago. Basic loss per share from continuing operations was USD 0.53 compared to USD 0.55 a year ago.