Fullnet Communications, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 14, 2019 at 10:48 pm IST
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FullNet Communications, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was USD 618,444 compared to USD 514,483 a year ago. Operating income was USD 67,510 compared to USD 27,372 a year ago. Net income was USD 79,309 compared to USD 87,085 a year ago. Basic earnings per share was USD 0.01 compared to USD 0.01 a year ago. Diluted eps was USD 0 compared to USD 0.01 a year ago. For the nine months, sales was USD 1.776 million compared to USD 1.524 million a year ago. Operating income was USD 111,643 compared to operating loss of USD 50,601 a year ago. Net income was USD 215,079 compared to USD 199,508 a year ago. Basic earnings per share was USD 0.01 compared to USD 0.02 a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to USD 0 a year ago. Diluted earnings per share from continuing operations was USD 0.01 compared to USD 0 a year ago.
FullNet Communications, Inc. is an integrated communications company engaged in providing advanced voice and data solutions. The Company provides a range of mission-critical services to a broad spectrum of customers throughout the world. Its primary services are mass notification services using text messages and automated telephone calls, equipment colocation and related services, and customized live help desk outsourcing service. Its primary advanced voice and data solution is marketed under its CallMultiplier brand name. CallMultiplier is a comprehensive cloud-based solution to consumers and businesses for mass notification services using text messages and automated telephone calls. It provides Internet access services to individual and small business customers located in Oklahoma on a retail basis. Under the FullNet brand, it provides its customers with Internet connectivity as well as direct access to a range of Internet applications and resources, including electronic mail.