Bravatek Solutions, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 16, 2019 at 03:08 am IST
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Bravatek Solutions, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was USD 112,912 compared to USD 1,648 a year ago. Operating loss was USD 100,820 compared to USD 251,130 a year ago. Net loss was USD 867,219 compared to net income of USD 141,778 a year ago. Basic loss per share from continuing operations was USD 0.51 compared to basic earnings per share from continuing operations of USD 0.15 a year ago. Diluted loss per share from continuing operations was USD 0.51 compared to diluted earnings per share from continuing operations of USD 0.09 a year ago. For the nine months, total revenue was USD 199,282 compared to USD 26,503 a year ago. Operating loss was USD 398,101 compared to USD 3.022 million a year ago. Net loss was USD 238,505 compared to USD 3.982 million a year ago. Basic loss per share from continuing operations was USD 0.17 compared to USD 4.46 a year ago.
Bravatek Solutions, Inc. is a security-platform company, which offers software, tools and services to worldwide markets. The Company provides security, defense and information security solutions, which assist corporate entities, governments and individuals in protecting their organizations and/or critical infrastructures against error, as well as physical and cyber-attack. The Company is engaged in marketing and distribution of security capabilities derived from market alliances that yield defense and information security software, hardware and services, and telecom services. The Companyâs products include software, hardware and services, and span a range of industries, including e-mail security, user authentication, robotics, telecommunications and cyber breach protection. Its business operations are focused on selling ECRYPTONE while also expanding its Market Alliance Program (MAP), enabling complimentary products and services to set their suite of cyber security solutions.
BRAVATEK SOLUTIONS, INC. 
