Visium Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024
May 16, 2024 at 02:01 am IST
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Visium Technologies, Inc. reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported net loss was USD 0.478062 million compared to USD 0.732085 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.16 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to USD 0.16 a year ago.
For the nine months, net loss was USD 2.28 million compared to USD 2.49 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.72 a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to USD 0.72 a year ago.
Visium Technologies, Inc. is a provider of cyber security visualization, big data analytics and automation that operates in the traditional cyber security space, as well as on the Internet of Things (IoT) and data analytics spaces. Its software allows people to access information, perform analysis, and share results without assistance from technical specialists. Its TruContext platform enables its customers to reduce or streamline their siloed and layered security products, simplifying operations while providing a comprehensive solution. Its solution automates certain previously manual tasks, freeing up personnel to focus on their most important objectives. TruContext can be deployed in a range of used cases, such as cyber security, threat intelligence and forensics, information technology (IT)/ operational technology (OT), critical infrastructure security, supply chain analytics, anti-fraud, law enforcement, compliance, and health care.