Infinite Group, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 17, 2021 at 04:07 pm EDT
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Infinite Group, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 1.797 million compared to USD 1.703 million a year ago. Operating loss was USD 360,472 compared to USD 22,864 a year ago. Net loss was USD 416,503 compared to USD 72,825 a year ago. Basic loss per share from continuing operations was USD 0.01. For the half year, sales was USD 3.621 million compared to USD 3.602 million a year ago. Operating loss was USD 461,162 compared to operating Income of USD 32,434 a year ago. Net loss was USD 568,730 compared to USD 78,887 a year ago. Basic loss 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. 