Izon Network, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 29, 2019 at 02:31 pm
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IZON Network, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was USD 173,132 compared to USD 279,335 a year ago. Operating loss was USD 1.117 million compared to USD 563,029 a year ago. Net loss was USD 1.227 million compared to USD 435,129 a year ago. Basic loss per share was USD 0.005 compared to USD 0.002 a year ago. For the nine months, sales was USD 655,826 compared to USD 948,467 a year ago. Operating loss was USD 2.728 million compared to USD 1.488 million a year ago. Net loss was USD 2.987 million compared to USD 1.360 million a year ago. Basic loss per share was USD 0.01 compared to USD 0.01 a year ago.
Prelude Financial, Inc., formerly IZON Network, Inc., provides cloud-based technology solutions that benefit golf courses, golfers, and advertisers. The Companyâs platforms include IZON Golf, IZON Reach and IZON Ride. Its platform, IZON Network, gives golf courses the tools they need to manage their facility. Once a course is installed with the IZON Network, golfers enjoy a variety of useful applications and services, including global positioning system-based course navigation and aerial fairway and green views. The IZON Reach enables advertisers to connect with consumers through ad experiences provided over the platform. Its online ad server allows advertisers to select the locations in which they wish to purchase advertising spots and enables them to reach audiences with static ad content. The IZON Ride is delivering a consumer entertainment platform that also delivers tier one video content and Ads which are delivered via IZONâs media network to captive screens within vehicles.
IZON NETWORK, INC. 
