Remark Holdings, Inc. Provides Revenue Guidance for the Fourth Quarter and Year Ended December 31, 2020
January 11, 2021 at 09:00 am
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Remark Holdings, Inc. provided revenue guidance for the fourth quarter and year ended December 31, 2020. The company announced that after an initial review of its fourth quarter 2020 performance, revenue for its fourth quarter ending December 31, 2020 is expected to total at least $4.7 million.
Bringing total revenue in fiscal year 2020 to over $10.0 million, representing a doubling of revenue compared to the $5.0 million recorded in fiscal year 2019.
Remark Holdings, Inc. is a holding company. The Company is engaged in a diversified global technology business with artificial intelligence (AI)-powered analytics, computer vision and smart agent solutions delivered through an integrated suite of AI tools. Its data and AI software platform is developed to deliver AI-based computer vision products, computing devices and software-as-a-service solutions for businesses in many industries. The primary focus of its business is promoting and facilitating the safety of its customers and their customers through its Smart Safety Platform (the SSP). It customizes and sells its AI-based computer vision products and solutions, including the SSP, to customers in the retail, construction, public safety, workplace safety and public sector markets. It has also developed versions of its solutions for application in the transportation and energy markets. Its technologies include software applications built to run on third-party cloud hosting providers.
REMARK HOLDINGS, INC. 
