Paid, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 15, 2019 at 01:47 am IST
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PAID, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was USD 2.715 million compared to USD 2.336 million a year ago. Net loss was USD 23,247 compared to USD 193,336 a year ago. Basic loss per share was USD 0.04 compared to USD 0.08 a year ago. For the half year, sales was USD 5.004 million compared to USD 4.334 million a year ago. Net loss was USD 235,233 compared to USD 702,706 a year ago. Basic loss per share was USD 0.2 compared to USD 0.4 a year ago.
PAID, Inc. is engaged in developing software as a service (SaaS) based business services, including PaidPayments, PaidCart, PaidShipping and PaidWeb. These solutions are developed to provide businesses with a streamlined experience for Website creation, online sales, payment collection and shipping all in one platform. Its segments include Client services, Merchant processing services, Shipping coordination and label generation services, and Corporate operations. Its ShipTimeâs platform provides its members with the ability to quote, process, track and dispatch shipments while getting preferred rates on packages and skidded less than truckload (LTL) freight shipments throughout North America and around the world. Its BeerRun Software is a brewery management and alcohol and tobacco tax and trade bureau tax reporting software. Its platform includes a range features, such as mobile editing, search engine optimization, collaboration tools, and pre-designed templates.
PAID, INC. 
