Creditriskmonitor.Com, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 02:46 pm EST
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CreditRiskMonitor.Com, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was USD 4.037 million compared to USD 3.673 million a year ago. Operating income was USD 359,586 compared to USD 237,134 a year ago. Net income was USD 281,082 compared to USD 203,590 a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to USD 0.02 a year ago. For the nine months, sales was USD 11.598 million compared to USD 10.736 million a year ago. Operating loss was USD 38,786 compared to USD 11,194 a year ago. Net income was USD 111,655 compared to USD 55,592 a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.
CreditRiskMonitor.com, Inc. is engaged in selling a suite of Web-based, software as a service (SaaS) subscription product providing access to comprehensive commercial credit reports, bankruptcy risk analytics, financial and payment information, and curated news on public and private companies. The Company focuses on facilitating the analysis of corporate financial risk, in the context of the extension of trade credit from one business to another; the management by businesses of important relationships with suppliers, and/or the management by businesses of significant counterparty (i.e., buying and selling) relationships. Its comprehensive commercial credit reports covering both public and private companies worldwide are published through its Web-based platform and feature detailed analyses of financial statements, including ratio analysis and trend reports, and peer analysis. Its platform, SupplyChainMonitor, leverages its financial risk analytics to create a risk management solution.
CREDITRISKMONITOR.COM, INC. 
