Skkynet Cloud Systems, Inc. Reports Earnings Results for the Third Quarter Ended July 31, 2019
September 13, 2019 at 04:06 pm EDT
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Skkynet Cloud Systems, Inc. announced earnings results for the third quarter ended July 31, 2019. For the third quarter, the company announced sales was USD 337,587 compared to USD 319,920 a year ago. Operating loss was USD 41,649 compared to USD 132,391 a year ago. Net loss was USD 44,740 compared to USD 123,352 a year ago. For the nine months, sales was USD 973,400 compared to USD 879,041 a year ago. Operating loss was USD 437,727 compared to USD 533,134 a year ago. Net loss was USD 477,924 compared to USD 554,508 a year ago. Basic loss per share was USD 0.01 compared to USD 0.01 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. 
