Pen Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
January 09, 2020 at 03:41 am IST
PEN Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was USD 651,639 compared to USD 1.367 million a year ago. Operating loss was USD 352,109 compared to USD 47,652 a year ago. Net loss was USD 342,909 compared to USD 20,802 a year ago. Basic loss per share from continuing operations was USD 0.08 compared to USD 0.01 a year ago. For the half year, total revenue was USD 1.409 million compared to USD 2.810 million a year ago. Operating loss was USD 447,671 compared to USD 244,046 a year ago. Net loss was USD 391,148 compared to USD 41,320 a year ago. Basic loss per share from continuing operations was USD 0.09 compared to USD 0.01 a year ago.