Reliant Holdings, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 12:45 pm
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Reliant Holdings, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was USD 555,073 compared to USD 591,891 a year ago. Operating loss was USD 17,069 compared to operating Income of USD 80,229 a year ago. Net loss was USD 17,389 compared to net income of USD 80,134 a year ago. Basic eps - continuing operations was USD 0 compared to USD 0.01 a year ago. For the nine months, sales was USD 1.381 million compared to USD 1.310 million a year ago. Operating loss was USD 395,439 compared to operating Income of USD 85,234 a year ago. Net loss was USD 396,279 compared to net income of USD 84,919 a year ago. Basic loss per share from continuing operations was USD 0.03 compared to basic earnings per share from continuing operations of USD 0.01 a year ago.
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. 
