Tuxis Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2017
Tuxis Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, the company reported net loss of $120,406 or $0.10 per share compared to a net loss $50,252 or $0.04 per share for the three months ended September 30, 2016.
For nine months, the company reported net loss of $457,871 or $0.38 per share compared to a net loss of $157,594 or $0.13 per share for the nine months ended September 30, 2016. Net cash used in operating activities was $511,754 compared to $58,142 for the nine months ended September 30, 2016. The company's book value per share at September 30, 2017 was $6.43.