Evio, Inc. Reports Earnings Results for the Third Quarter Ended June 30, 2020
September 09, 2020 at 09:14 am EDT
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EVIO, Inc. announced earnings results for the third quarter ended June 30, 2020. For the third quarter, the company announced total revenue was USD 603,192 compared to USD 1.101 million a year ago. Operating loss was USD 305,855 compared to USD 1.578 million a year ago. Net loss was USD 1.349 million compared to USD 1.321 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.05 a year ago.
EVIO, Inc. is a diversified holding company. The Company provides analytical testing services to the agricultural and pharmaceutical industries, primarily for cannabis, hemp, and related products. The Company offers residential and commercial construction services. The Company also offers research and development and consulting services for participants in the cannabis and hemp industries. The Company tests products to verify the regulatory requirements for sale. Its subsidiaries include Smith Scientific Industries, LLC; Greenhaus Analytical Labs, LLC; Viridis Analytics, LLC; EVIO Labs OR, Inc.; C3 Labs, LLC; EVIO Labs Humboldt, LLC and Keystone Labs, Inc.