Reliant Holdings, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 15, 2019 at 03:02 am IST
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Reliant Holdings, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was USD 591,891 compared to USD 438,977 a year ago. Operating income was USD 80,229 compared to USD 65,760 a year ago. Net income was USD 80,134 compared to USD 65,608 a year ago. Basic earnings per share was USD 0.01 compared to USD 0 a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to USD 0 a year ago. For the nine months, sales was USD 1.310 million compared to USD 1.093 million a year ago. Operating income was USD 85,234 compared to USD 99,838 a year ago. Net income was USD 84,919 compared to USD 99,319 a year ago. Basic earnings per share was USD 0.01 compared to USD 0.01 a year ago.
Reliant Holdings, Inc., through its subsidiary, Reliant Pools, Inc., is a custom, swimming pool construction company located in the greater Austin, Texas market. The Company focuses on assisting its customers with the design and construction of recreational pools which blend in with the surroundings. The Company offers a type of pools, which includes Freeform pool and Geometric pool. It offers Freeform pools with a combination of gentle curves, non-traditional shapes, natural rock, flagstone, natural rock and stone pavers, exposed aggregate, and stamped concrete. Geometric Pool designs often utilize sleek and straight lines. It offers a range of Pool projects based upon price and the desires of the client. The Company also provides its customers with a range of projects from the basic pool building to high-end projects that include waterfalls, mason work, backyard lighting and in-ground spas. Its in-ground pools include vinyl-lined, fiberglass, and gunite/shotcrete or concrete.