Fullnet Communications, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 16, 2020 at 03:31 pm EST
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FullNet Communications, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was USD 935,823 compared to USD 618,444 a year ago. Operating income was USD 297,241 compared to USD 67,175 a year ago. Net income was USD 298,290 compared to USD 79,309 a year ago. Basic earnings per share from continuing operations was USD 0.02. For the nine months, sales was USD 2.538 million compared to USD 1.776 million a year ago. Operating income was USD 487,573 compared to USD 110,350 a year ago. Net income was USD 490,522 compared to USD 215,079 a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.02 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.
FULLNET COMMUNICATIONS, INC. 
