Skkynet Cloud Systems, Inc. Reports Earnings Results for the Second Quarter Ended April 30, 2019
June 18, 2019 at 04:48 pm EDT
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Skkynet Cloud Systems, Inc. announced earnings results for the second quarter ended April 30, 2019. For the second quarter, the company announced sales was USD 408,068 compared to USD 307,911 a year ago. Operating loss was USD 277,935 compared to USD 241,759 a year ago. Net loss was USD 278,872 compared to USD 260,719 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago. For the half year, sales was USD 701,197 compared to USD 693,817 a year ago. Operating loss was USD 438,684 compared to USD 391,736 a year ago. Net loss was USD 433,184 compared to USD 431,156 a year ago. Basic loss per share from continuing operations 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. 
