Quotemedia, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 07:34 am EDT
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QuoteMedia, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced operating loss was USD 119,937 compared to operating Income of USD 211,870 a year ago. Net loss was USD 127,098 compared to net income of USD 202,361 a year ago. For the half year, operating loss was USD 246,197 compared to operating Income of USD 341,414 a year ago. Net loss was USD 244,423 compared to net income of USD 315,417 a year ago.
QuoteMedia, Inc. provides financial data, market research information, analytics, news feeds, and financial software solutions to online brokerages, banks, clearing firms, financial service companies, media portals, and public corporations. It offers an array of market information and services: streaming stock market data feeds, research and analysis information, content applications, portfolio management systems, software products, corporate investor relations provisioning, news services, mobile apps, and custom development. Its products and services are divided into three main categories: Data Feed Services; Interactive Web Content and Data APIs; and Portfolio Management and Real-Time Quote Systems. It offers its clients a range of data, information, and services, including streaming real-time data feeds, dynamic content Web displays, news feed aggregation and delivery, mobile app solutions and others. Its portfolio management products are provided on a software as a service model.
QUOTEMEDIA, INC. 
