Skkynet Cloud Systems, Inc. Reports Earnings Results for the Full Year Ended October 31, 2019
February 13, 2020 at 03:21 pm EST
Share
Skkynet Cloud Systems, Inc. announced earnings results for the full year ended October 31, 2019. For the full year, the company announced sales was USD 1.367 million compared to USD 1.268 million a year ago. Operating loss was USD 557,416 compared to USD 451,364 a year ago. Net loss was USD 575,854 compared to USD 490,843 a year ago. Basic loss per share was USD 0.01 compared to USD 0.01 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to Basic EPS - Continuing Operations of USD 0 a year ago.
Skkynet Cloud Systems, Inc. (Skkynet) is a Canada-based company. The Company is an industrial middleware vendor, provides connectivity and data acquisition solutions to various industrial and office hardware and software products. It offers DataHub software, including applications for real-time graphical web display of data; connecting data from open process control, dynamic data exchange, and Modbus servers to analyze the status of factory production, embedded systems, or financial strategies; connecting data from MQTT clients to connect remote sensors and other cloud-based services; and data mirroring. Its DataHub software is also used for data logging that enables reading and writing of data with various open database connectivity; creating a data bridging interface to permit association of data points in another control system; providing historical data; data redundancy features; and network system monitoring. It serves customers in aerospace, energy and utility, and others.
SKKYNET CLOUD SYSTEMS, INC. 
