Duo World, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 17, 2023 at 07:31 pm IST
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Duo World, Inc. reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was USD 0.012874 million compared to USD 0.020146 million a year ago. Net loss was USD 0.050624 million compared to USD 0.058118 million a year ago.
For the nine months, sales was USD 0.03783 million compared to USD 0.074852 million a year ago. Net income was USD 0.706565 million compared to net loss of USD 0.229259 million a year ago. Basic earnings per share from continuing operations was USD 0.01.
Duo World, Inc. is an information technology and software solutions company. The Company specializes in communication and collaboration platforms for customers who require any form of engagement with their clients, including customer life cycle management, customer care, and contact center management. It provides a complete on-premises as well as cloud system to deliver a customer service experience. The Company's products include Facetone, which is a communication and collaboration platform that provides operating on-premise or cloud-based private automated branch exchange (PABX), interactive voice response (IVR) or call center or call center; Smoothflow, which is a tool that allows to develop and deploy conversational automation to be conducted by machines without human intervention; and DialDesk, which is a software-as-a-service (SaaS) contact center software which caters the Small and medium-sized enterprise (SME) segment of the market with its cloud based platform.