Fullnet Communications, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 14, 2020 at 03:36 pm EDT
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FullNet Communications, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was USD 888,435 compared to USD 557,981 a year ago. Operating income was USD 141,508 compared to USD 14,330 a year ago. Net income was USD 141,625 compared to USD 17,244 a year ago. Basic earnings per share from continuing operations was USD 0.01. For the half year, sales was USD 1.602 million compared to USD 1.157 million a year ago. Operating income was USD 190,332 compared to USD 43,175 a year ago. Net income was USD 192,232 compared to USD 135,770 a year ago. Basic earnings per share from continuing operations was USD 0.01 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.