Infinite Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 05:29 pm EDT
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Infinite Group, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was USD 7.219 million compared to USD 7.094 million a year ago. Operating income was USD 1,291 compared to USD 329,137 a year ago. Net income was USD 675,996 compared to USD 47,977 a year ago. Basic earnings per share from continuing operations was USD 0.02.
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. 
