Directview Holdings, Inc. Reports Earnings Results for the Full Year Ended December 31, 2018
April 12, 2019 at 05:39 pm EDT
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DirectView Holdings, Inc. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced total revenue was USD 4.105 million compared to USD 2.904 million a year ago. Operating loss was USD 2.902 million compared to USD 872,845 a year ago. Net loss was USD 10.030 million compared to USD 1.552 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to USD 0.22 a year ago.
DirectView Holdings Inc is a United States-based provides security-related services for residential, commercial, and industrial. The Company, through its subsidiaries, provides video surveillance solutions and teleconferencing products and services to businesses and organizations. It operates in two divisions: Security (Video Surveillance) and Video Conferencing. The Security division offers technologies in surveillance systems providing onsite and remote video and audio surveillance, digital video recording, and services. It also sells and installs surveillance systems and sells maintenance agreements. The Video conferencing division offers teleconferencing products and services that enable clients to conduct remote meetings by linking participants in geographically dispersed locations. The Video Conferencing division provides conferencing products and services to organizations such as law firms, banks, high tech companies and government organizations.