Duo World, Inc. Reports Earnings Results for the Third Quarter Ended December 31, 2020
February 16, 2021 at 06:26 am EST
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Duo World, Inc. announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced sales was USD 64,842 compared to USD 177,068 a year ago. Operating loss was USD 55,509 compared to USD 1,830 a year ago. Net loss was USD 95,984 compared to USD 46,252 a year ago. For the nine months, sales was USD 338,812 compared to USD 561,165 a year ago. Operating loss was USD 50,720 compared to USD 51,424 a year ago. Net loss was USD 153,900 compared to USD 244,876 a year ago.
Duo World, Inc. is an information technology and software solutions company. The Company specializes in communication and collaboration platforms for customers who require any form of engagement with their clients, including customer life cycle management, customer care, and contact center management. It provides a complete on-premises as well as cloud system to deliver a customer service experience. The Company's products include Facetone, which is a communication and collaboration platform that provides operating on-premise or cloud-based private automated branch exchange (PABX), interactive voice response (IVR) or call center or call center; Smoothflow, which is a tool that allows to develop and deploy conversational automation to be conducted by machines without human intervention; and DialDesk, which is a software-as-a-service (SaaS) contact center software which caters the Small and medium-sized enterprise (SME) segment of the market with its cloud based platform.