Electronic Systems Technology, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 09, 2021 at 06:04 am EST
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Electronic Systems Technology, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was USD 1.225 million compared to USD 1.408 million a year ago. Operating loss was USD 222,455 compared to USD 213,155 a year ago. Net loss was USD 202,719 compared to USD 190,957 a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.04 a year ago.
Electronic Systems Technology, Inc. is specialized in the development and manufacturing of digital data (non-voice) radio transceivers for use in industrial wireless networking applications. The Companyâs ESTeem line of products provides communication solutions for harsh environment applications not served or that are underutilized by conventional, commercial grade communication systems. Its products are part of the ESTeem Industrial Wireless Solutions for commercial, industrial, and government arenas both domestically and internationally. ESTeem industrial wireless products provide communication links between computer networks, network enabled devices and mobile devices without cables. It manufactures nine models of the ESTeem industrial wireless modems that operate in frequencies from 150 megahertz (MHz) to 5.8 gigahertz (GHz). The Companyâs product offerings include ESTeem Models, such as 210M, 195M, 195C, 195H, Horizon900, Horizon2.4MIMO, Horizon4.9, Horizon5.8, and Edge900.
ELECTRONIC SYSTEMS TECHNOLOGY, INC. 
