DarkPulse, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 15, 2023 at 05:16 pm EST
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DarkPulse, 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 0.082071 million compared to USD 1.43 million a year ago. Net loss was USD 0.987293 million compared to USD 8.9 million a year ago.
For the nine months, sales was USD 2.03 million compared to USD 7.88 million a year ago. Net loss was USD 19.09 million compared to USD 18.12 million a year ago.
DarkPulse, Inc. is a technology-security company. The Company is focused on the manufacture, sale, installation, and monitoring of laser sensing systems based on its patented Brillouin Optical Time Domain Analysis (BOTDA) dark-pulse sensor technology. The Company also develops, markets, and distributes a full suite of engineering, monitoring, installation and security management solutions for critical infrastructure/key resources to both industries and governments. The Company provides multiple security platforms: Patented BOTDA Fiber Optic sensor systems and Satellite Communications services. Its security and monitoring systems are delivered in applications for critical infrastructure/ key resources. Its patented BOTDA dark-pulse sensor technology allows for the monitoring of highly dynamic environments. It offers a full suite of engineering and environmental solutions that provide safety and security infrastructure projects.