Infinite Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 04:29 pm
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Infinite Group, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 1.84 million compared to USD 1.84 million a year ago. Net loss was USD 0.269806 million compared to USD 0.108848 million a year ago. Basic loss per share from continuing operations was USD 0.75. Diluted loss per share from continuing operations was USD 0.75.
For the nine months, sales was USD 5.46 million compared to USD 5.45 million a year ago. Net loss was USD 0.838536 million compared to USD 0.187735 million a year ago. Basic loss per share from continuing operations was USD 2.25 compared to USD 0.75 a year ago. Diluted loss per share from continuing operations was USD 2.25 compared to USD 0.75 a year ago.
Infinite Group, Inc. is a developer of cybersecurity software and related cybersecurity consulting, advisory, and managed information security services. The Company's cybersecurity services include Chief Information Security Team as a Service (CISOTaaS), PenLogic penetration testing services, security assessments, incident response and others, and are provided through its channel partners and direct-to-end customers. Its Nodeware is a patented software-as-a-service (SaaS) solution that automates network asset identification, and cybersecurity vulnerability management and monitoring. Its Webroot is a cloud-based endpoint security platform solution, it markets to and provides support for approximately 225 small channel partners across North America. It sells its software and services through indirect channels such as managed service providers (MSPs), managed security services providers (MSSPs), agents and distributors, and government contractors.
INFINITE GROUP, INC. 
