Fullnet Communications, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 31, 2021 at 02:49 pm EDT
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FullNet Communications, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was USD 3.502 million compared to USD 2.420 million a year ago. Operating income was USD 730,135 compared to USD 200,489 a year ago. Net income was USD 1.072 million compared to USD 317,290 a year ago. Basic earnings per share from continuing operations was USD 0.07 compared to USD 0.02 a year ago. Diluted earnings per share from continuing operations was USD 0.06 compared to USD 0.01 a year ago.
FullNet Communications, Inc. is an integrated communications company engaged in providing advanced voice and data solutions. The Company provides a range of mission-critical services to a broad spectrum of customers throughout the world. Its primary services are mass notification services using text messages and automated telephone calls, equipment colocation and related services, and customized live help desk outsourcing service. Its primary advanced voice and data solution is marketed under its CallMultiplier brand name. CallMultiplier is a comprehensive cloud-based solution to consumers and businesses for mass notification services using text messages and automated telephone calls. It provides Internet access services to individual and small business customers located in Oklahoma on a retail basis. Under the FullNet brand, it provides its customers with Internet connectivity as well as direct access to a range of Internet applications and resources, including electronic mail.