Sysorex, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 29, 2021 at 02:57 pm EDT
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Sysorex, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was USD 11.526 million compared to USD 5.275 million a year ago. Operating loss was USD 1.762 million compared to USD 4.307 million a year ago. Net loss was USD 3.464 million compared to USD 5.415 million a year ago. Basic loss per share from continuing operations was USD 8.46 compared to USD 14.76 a year ago.
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.
SYSOREX, INC. 
