Skkynet Cloud Systems, Inc. Reports Earnings Results for the First Quarter Ended January 31, 2019
March 11, 2019 at 04:16 pm EDT
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Skkynet Cloud Systems, Inc. announced earnings results for the first quarter ended January 31, 2019. For the first quarter, the company announced sales was USD 293,129 compared to USD 382,879 a year ago. Operating loss was USD 160,749 compared to USD 148,457 a year ago. Net loss was USD 154,312 compared to USD 169,102 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.