Electronic Systems Technology, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 23, 2021 at 08:59 pm IST
Share
Electronic Systems Technology, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was USD 424,775 compared to USD 273,968 a year ago. Operating income was USD 3,821 compared to operating loss of USD 113,769 a year ago. Net income was USD 4,682 compared to net loss of USD 110,306 a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.02 a year ago.
Electronic Systems Technology, Inc. is specialized in the development and manufacturing of digital data (non-voice) radio transceivers for use in industrial wireless networking applications. The Companyâs ESTeem line of products provides communication solutions for harsh environment applications not served or that are underutilized by conventional, commercial grade communication systems. Its products are part of the ESTeem Industrial Wireless Solutions for commercial, industrial, and government arenas both domestically and internationally. ESTeem industrial wireless products provide communication links between computer networks, network enabled devices and mobile devices without cables. It manufactures nine models of the ESTeem industrial wireless modems that operate in frequencies from 150 megahertz (MHz) to 5.8 gigahertz (GHz). The Companyâs product offerings include ESTeem Models, such as 210M, 195M, 195C, 195H, Horizon900, Horizon2.4MIMO, Horizon4.9, Horizon5.8, and Edge900.
ELECTRONIC SYSTEMS TECHNOLOGY, INC. 
