OneSoft Solutions Inc. Announces Earnings Results for the Three and Nine Months Ended November 30, 2017; Provides Earnings Guidance for the Year 2018
For the nine months, revenue was $722,000 compared to $327,000 a year ago. Net loss was $1,916,000 compared to $987,000 a year ago. Comprehensive net loss per share was $0.02. Comprehensive net loss was $1,916,000 compared to $743,000 a year ago.
The company expects income objectives are not likely to be achieved, the cash flow objective and projected cash balances as at the end of Fiscal 2018 are likely to be met as were predicted and published in the fourth quarter of 2017 report.