Webstar Technology Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 08, 2020 at 08:06 pm IST
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Webstar Technology Group, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was USD 1,698 compared to USD 1,598 a year ago. Net loss was USD 381,704 compared to USD 290,465 a year ago.
Webstar Technology Group, Inc. is engaged in providing software solutions. Its products and services include Gigabyte Slayer Software, WARP-G Software and Webstar eCampus. It focuses on organizational activities and the development of its business plans to license the Gigabyte Slayer software application that is designed to deliver live video streams, video downloads and large data files by using new data compression technology and to license the WARP-G software solution that is designed to enable enterprise customers that transmit live video streams, video downloads and large data files to push such data over existing pipelines by using new data compression technology. Gigabyte Slayer is a retail-oriented software application that will be sub-licensed to targeted companies that provide data streaming services. WARP-G is a business-to-business software solution that companies can use on an enterprise-wide basis to transmit data over existing data streams to optimize their data usage.
WEBSTAR TECHNOLOGY GROUP, INC. 
