Beyond Commerce, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 14, 2020 at 12:11 pm EDT
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Beyond Commerce, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was USD 782,009 compared to USD 1.213 million a year ago. Operating loss was USD 739,970 compared to USD 643,559 a year ago. Net loss was USD 2.136 million compared to USD 5.168 million a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.01 a year ago. For the half year, sales was USD 2.029 million compared to USD 1.677 million a year ago. Operating loss was USD 1.261 million compared to USD 872,345 a year ago. Net loss was USD 2.560 million compared to USD 8.922 million a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.01 a year ago.
Beyond Commerce, Inc. is primarily focused on the acquisition of big data companies in the business-to-business (B2B) Internet marketing analytics, technologies, and services. The Company is engaged in developing and deploying disruptive strategic software technology that will build on the organic growth potential and exploit cross-selling opportunities. The Company provides solutions that facilitate the exchange of information and data transactions between supply chain participants, such as manufacturers, retailers, distributors, and financial institutions, with the focus of automating potential client internal processes. The Company intends to offer services and solutions, such as content services, business process management, customer experience management, discovery, business network, and analytics.