Skkynet Cloud Systems, Inc. Reports Earnings Results for the First Quarter Ended January 31, 2024
March 14, 2024 at 02:48 am IST
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Skkynet Cloud Systems, Inc. reported earnings results for the first quarter ended January 31, 2024. For the first quarter, the company reported sales was USD 0.630536 million compared to USD 0.492119 million a year ago. Net income was USD 0.021384 million compared to net loss of USD 0.147206 million a year ago.
Skkynet Cloud Systems, Inc. (Skkynet) is a Canada-based company. The Company is an industrial middleware vendor, provides connectivity and data acquisition solutions to various industrial and office hardware and software products. It offers DataHub software, including applications for real-time graphical web display of data; connecting data from open process control, dynamic data exchange, and Modbus servers to analyze the status of factory production, embedded systems, or financial strategies; connecting data from MQTT clients to connect remote sensors and other cloud-based services; and data mirroring. Its DataHub software is also used for data logging that enables reading and writing of data with various open database connectivity; creating a data bridging interface to permit association of data points in another control system; providing historical data; data redundancy features; and network system monitoring. It serves customers in aerospace, energy and utility, and others.