Infinite Group, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 02:32 pm EDT
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Infinite Group, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was USD 1.703 million compared to USD 1.778 million a year ago. Operating loss was USD 22,864 compared to operating Income of USD 42,851 a year ago. Net loss was USD 72,825 compared to USD 35,861 a year ago. For the half year, sales was USD 3.602 million compared to USD 3.466 million a year ago. Operating income was USD 32,434 compared to USD 142,565 a year ago. Net loss was USD 78,887 compared to USD 825 a year ago.
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. 
