Novra Technologies Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 30, 2021 at 05:35 pm EDT
Share
Novra Technologies Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was CAD 1.078 million compared to CAD 1.186 million a year ago. Operating loss was CAD 792,571 compared to CAD 509,070 a year ago. Net loss was CAD 283,208 compared to CAD 446,586 a year ago. Basic loss per share from continuing operations was CAD 0.008 compared to CAD 0.013 a year ago. For the half year, sales was CAD 4.805 million compared to CAD 2.212 million a year ago. Operating income was CAD 181,016 compared to operating loss of CAD 1.467 million a year ago. Net income was CAD 475,737 compared to net loss of CAD 961,747 a year ago. Basic earnings per share from continuing operations was CAD 0.014 compared to basic loss per share from continuing operations of CAD 0.029 a year ago.
Novra Technologies Inc. is a Canada-based company, which is an international technology provider of products, systems, and services for the distribution of multimedia broadband content. The Company, through its subsidiaries, offers a product portfolio, including hardware, software, and services. Its products include hardware and software tailored for advanced applications in key vertical markets: video, radio, and data distribution, digital cinema, and digital signage. In addition to its core video, radio, and data products, areas of expertise and added value include encryption, next generation hybrid networks (satellite/terrestrial/cloud), and efficient bandwidth utilization. It offers a range of products, including the S400 PRO DVB Satellite Receiver, S300V Receiver, GOES/GRB-S400 Pro Receiver, MSR300 DVB-S2 Multi-Input Satellite Receiver/Router, S75CA Receiver, S300D Receiver, S75+ Receiver, Novralink Hosted Digital Signage Service, NSP100-CHD, S300N Receiver and S300E Receiver.
NOVRA TECHNOLOGIES INC. 
