CarbonMeta Technologies, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 22, 2023 at 03:14 pm EDT
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CarbonMeta Technologies, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 0.02597 million compared to USD 0.021555 million a year ago. Net income was USD 5.56 million compared to net loss of USD 5.72 million a year ago. Basic earnings per share from continuing operations was USD 0.0003 compared to basic loss per share from continuing operations of USD 0.0003 a year ago.
For the six months, revenue was USD 0.036346 million compared to USD 0.021555 million a year ago. Net loss was USD 3.25 million compared to USD 6.77 million a year ago. Basic loss per share from continuing operations was USD 0.0002 compared to USD 0.0004 a year ago.
CarbonMeta Technologies, Inc. is a research and development company. The Company is engaged in developing technologies related to remediation of organic wastes that can generate economically sustainable hydrogen, high-value carbon, and construction industry products. It offers Carbon Nanotubes, which is a black-clustered powder that is used as an additive in various materials. The Companyâs wholly owned subsidiaries include CoroWare Technologies, Inc. (CTI), CoroWare Robotics Solutions, Inc. (CRS), Robotic Workspace Technologies, Inc. (RWT), Carbon Source, Inc. (CS), CoroWare Treasury, Inc. (CWT), and CarbonMeta Research Ltd. (CMR). CSâs principal business is waste reclamation technologies and processing. CMR is focused on the development of technologies and solutions for processing organic wastes and generating sustainable hydrogen and high-value carbon products. CWT is engaged in acquiring technologies and subsidiary businesses related to waste processing.
CARBONMETA TECHNOLOGIES, INC. 
