Exeo Entertainment, Inc. Reports Earnings Results for the First Quarter Ended February 29, 2020
May 29, 2020 at 03:34 pm
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Exeo Entertainment, Inc. announced earnings results for the first quarter ended February 29, 2020. For the first quarter, the company announced sales was USD 9,763 compared to USD 750 a year ago. Operating loss was USD 370,360 compared to USD 349,291 a year ago. Net loss was USD 357,906 compared to USD 362,631 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.
Exeo Entertainment, Inc. is engaged in designing, developing, licensing, manufacturing, and marketing consumer electronics in the video gaming, music, and smart television (TV) sectors. The Company's products under development include the Psyko 5.1 surround sound gaming headphones for consoles and the Krankz MAXX Bluetooth wireless headphones. The Companyâs products also include the Zaaz Keyboard and the Extreme Gamer. Its Psyko headphones use a patented method of sound delivery that doesnât require the use of digital signal processing (DSP). The Companyâs Krankz wireless headphones work with mobile devices and have a retractable, foldable design with a built-in microphone and noise canceling feature. Its driver design provides a deep bass sound with clear midrange audio for a full range of use up to 30 meters distance. The Company also distributes and sells Ford cell phone accessories through all wholesale and retail channels in the United States and Canada.
EXEO ENTERTAINMENT, INC. 
