Sysorex, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
June 30, 2023 at 04:04 pm EDT
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Sysorex, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 4.09 million compared to USD 5.04 million a year ago. Net loss was USD 1.87 million compared to USD 3.03 million a year ago.
Basic loss per share from continuing operations was USD 0.4. Diluted loss per share from continuing operations was USD 0.4.
Sysorex, Inc., through its wholly owned subsidiary, Sysorex Government Services, Inc. (SGS), provides information technology solutions primarily for the public sector. These solutions include cybersecurity, professional services, engineering support, Information technology (IT) consulting, enterprise level technology, networking, wireless, help desk and custom IT solutions. In addition to Sysorex Government Services, Inc., the Company has another wholly owned subsidiary, TTM Digital Assets &Technologies, Inc. (TTM Digital). TTM Digital is a digital asset technology company. It provides its customers with comprehensive solutions incorporating products and services across a variety of technology practices and platforms, such as cyber, cloud, networking, security, and mobility. It utilizes its professional services, consulting services and partners to develop and implement these solutions.
