Infinite Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 17, 2021 at 04:08 pm EDT
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Infinite Group, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was USD 1.824 million compared to USD 1.899 million a year ago. Operating loss was USD 100,691 compared to operating income of USD 55,298 a year ago. Net loss was USD 152,227 compared to USD 6,062 a year ago. Basic loss per share from continuing operations was USD 0.01.
Infinite Group, Inc. is a developer of cybersecurity software and related cybersecurity consulting, advisory, and managed information security services. The Company's cybersecurity services include Chief Information Security Team as a Service (CISOTaaS), PenLogic penetration testing services, security assessments, incident response and others, and are provided through its channel partners and direct-to-end customers. Its Nodeware is a patented software-as-a-service (SaaS) solution that automates network asset identification, and cybersecurity vulnerability management and monitoring. Its Webroot is a cloud-based endpoint security platform solution, it markets to and provides support for approximately 225 small channel partners across North America. It sells its software and services through indirect channels such as managed service providers (MSPs), managed security services providers (MSSPs), agents and distributors, and government contractors.
INFINITE GROUP, INC. 
