Reliant Holdings, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 19, 2020 at 04:30 pm
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Reliant Holdings, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was USD 492,307 compared to USD 359,213 a year ago. Operating loss was USD 331,741 compared to operating Income of USD 6,456 a year ago. Net loss was USD 331,838 compared to net income of USD 6,340 a year ago. Basic loss per share from continuing operations was USD 0.02.
Reliant Holdings, Inc., through its subsidiary, Reliant Pools, Inc., is a custom, swimming pool construction company located in the greater Austin, Texas market. The Company focuses on assisting its customers with the design and construction of recreational pools which blend in with the surroundings. The Company offers a type of pools, which includes Freeform pool and Geometric pool. It offers Freeform pools with a combination of gentle curves, non-traditional shapes, natural rock, flagstone, natural rock and stone pavers, exposed aggregate, and stamped concrete. Geometric Pool designs often utilize sleek and straight lines. It offers a range of Pool projects based upon price and the desires of the client. The Company also provides its customers with a range of projects from the basic pool building to high-end projects that include waterfalls, mason work, backyard lighting and in-ground spas. Its in-ground pools include vinyl-lined, fiberglass, and gunite/shotcrete or concrete.
RELIANT HOLDINGS, INC. 
