Bravatek Solutions, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
July 24, 2019 at 06:06 am
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Bravatek Solutions, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue - ar was USD 0 compared to USD 18 a year ago. Operating loss was USD 168,313 compared to USD 2.543 million a year ago. Net loss was USD 604,434 compared to USD 3.058 million a year ago. Basic loss per share from continuing operations was USD 0.45 compared to USD 3.46 a year ago. For the half year, total revenue was USD 86,370 compared to USD 24,855 a year ago. Operating loss was USD 297,281 compared to USD 2.770 million a year ago. Net income was USD 628,714 compared to net loss of USD 4.124 million a year ago. Basic earnings per share from continuing operations was USD 0.5 compared to basic loss per share from continuing operations of USD 4.74 a year ago. Diluted earnings per share from continuing operations was USD 0.04 compared to diluted loss per share from continuing operations of USD 4.74 a year ago.
Bravatek Solutions, Inc. is a security-platform company, which offers software, tools and services to worldwide markets. The Company provides security, defense and information security solutions, which assist corporate entities, governments and individuals in protecting their organizations and/or critical infrastructures against error, as well as physical and cyber-attack. The Company is engaged in marketing and distribution of security capabilities derived from market alliances that yield defense and information security software, hardware and services, and telecom services. The Companyâs products include software, hardware and services, and span a range of industries, including e-mail security, user authentication, robotics, telecommunications and cyber breach protection. Its business operations are focused on selling ECRYPTONE while also expanding its Market Alliance Program (MAP), enabling complimentary products and services to set their suite of cyber security solutions.