Directview Holdings, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 14, 2019 at 05:20 pm
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DirectView Holdings, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was USD 958,277 compared to USD 1.007 million a year ago. Operating loss was USD 582,556 compared to USD 526,799 a year ago. Net loss was USD 8.568 million compared to USD 13.517 million a year ago. Basic loss per share from continuing operations was USD 5.15 compared to USD 28.59 a year ago. For the nine months, total revenue was USD 2.577 million compared to USD 3.319 million a year ago. Operating loss was USD 1.739 million compared to USD 1.760 million a year ago. Net loss was USD 10.826 million compared to USD 15.342 million a year ago. Basic loss per share from continuing operations was USD 6.86 compared to USD 52.6 a year ago.
DirectView Holdings Inc is a United States-based provides security-related services for residential, commercial, and industrial. The Company, through its subsidiaries, provides video surveillance solutions and teleconferencing products and services to businesses and organizations. It operates in two divisions: Security (Video Surveillance) and Video Conferencing. The Security division offers technologies in surveillance systems providing onsite and remote video and audio surveillance, digital video recording, and services. It also sells and installs surveillance systems and sells maintenance agreements. The Video conferencing division offers teleconferencing products and services that enable clients to conduct remote meetings by linking participants in geographically dispersed locations. The Video Conferencing division provides conferencing products and services to organizations such as law firms, banks, high tech companies and government organizations.
DIRECTVIEW HOLDINGS, INC. 
