Skkynet Cloud Systems, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended April 30, 2022
June 13, 2022 at 04:02 pm EDT
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Skkynet Cloud Systems, Inc. reported earnings results for the second quarter and six months ended April 30, 2022. For the second quarter, the company reported sales was USD 0.540093 million compared to USD 0.447972 million a year ago. Net loss was USD 0.017955 million compared to net income of USD 0.008915 million a year ago.
For the six months, sales was USD 1.02 million compared to USD 0.886038 million a year ago. Net loss was USD 0.092119 million compared to USD 0.032797 million 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.