Directview Holdings, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 14, 2019 at 09:18 pm
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DirectView Holdings, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was USD 993,169 compared to USD 1.110 million a year ago. Operating loss was USD 307,823 compared to USD 881,100 a year ago. Net loss was USD 1.334 million compared to net income of USD 24.247 million a year ago. Basic loss per share from continuing operations was USD 0.97 compared to basic earnings per share from continuing operations of USD 78.49 a year ago. Diluted loss per share from continuing operations was USD 0.97 compared to diluted earnings per share from continuing operations of USD 54.76 a year ago. For the half year, total revenue was USD 1.618 million compared to USD 2.311 million a year ago. Operating loss was USD 1.157 million compared to USD 1.234 million a year ago. Net loss was USD 2.257 million compared to USD 1.825 million a year ago. Basic loss per share from continuing operations was USD 1.86 compared to USD 9.14 a year ago.
DirectView Holdings Inc is a United States-based provides security-related services for residential, commercial, and industrial. The Company, through its subsidiaries, provides video surveillance solutions and teleconferencing products and services to businesses and organizations. It operates in two divisions: Security (Video Surveillance) and Video Conferencing. The Security division offers technologies in surveillance systems providing onsite and remote video and audio surveillance, digital video recording, and services. It also sells and installs surveillance systems and sells maintenance agreements. The Video conferencing division offers teleconferencing products and services that enable clients to conduct remote meetings by linking participants in geographically dispersed locations. The Video Conferencing division provides conferencing products and services to organizations such as law firms, banks, high tech companies and government organizations.
DIRECTVIEW HOLDINGS, INC. 
