Gulf West Security Network, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 18, 2022 at 11:36 pm IST
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Gulf West Security Network, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 0.002072 million compared to USD 0.002646 million a year ago. Net loss was USD 0.073772 million compared to USD 0.121893 million a year ago. Basic loss per share from continuing operations was USD 3.7 compared to USD 3.67 a year ago.
For the nine months, revenue was USD 0.006945 million compared to USD 0.007944 million a year ago. Net loss was USD 0.137205 million compared to USD 0.326922 million a year ago. Basic loss per share from continuing operations was USD 9.86 compared to USD 12.79 a year ago.
Gulf West Security Network, Inc. is engaged in providing residential and commercial electronic security, home automation, and systems integration services on a both retail and wholesale basis. The Company's retail division is engaged in the hands-on design, engineering, sales, installation, after-market servicing, inspection, and remote electronic monitoring of home (residential) burglar, fire, and medical alarm systems as well as fully integrated business (commercial) security and automation systems. Its wholesale division is engaged in the development and expansion of coalition (alliance or network) of independently branded life safety and property protection providers, fire alert and suppression system installers, electronic remote monitoring and video surveillance specialists, smart home designers, commercial systems integrators, structured wiring professionals and electrical contractors.