Andrea Electronics Corporation Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 16, 2020 at 05:26 pm EST
Andrea Electronics Corporation announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was USD 386,300 compared to USD 382,669 a year ago. Operating loss was USD 133,632 compared to USD 165,500 a year ago. Net loss was USD 150,191 compared to USD 184,248 a year ago. For the nine months, total revenue was USD 1.024 million compared to USD 1.385 million a year ago. Operating loss was USD 537,889 compared to USD 401,951 a year ago. Net loss was USD 588,909 compared to USD 455,971 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.