Gex Management, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 19, 2019 at 10:17 pm
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GEX Management, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was USD 24,354 compared to USD 3.093 million a year ago. Operating loss was USD 77,158 compared to USD 159,196 a year ago. Net loss was USD 131,716 compared to net income of USD 560,082 a year ago. Basic loss per share was USD 0.00002 compared to basic earnings per share of USD 0.04 a year ago. For the nine months, total revenue was USD 271,638 compared to USD 9.763 million a year ago. Operating loss was USD 217,025 compared to USD 1.517 million a year ago. Net loss was USD 465,946 compared to USD 1.520 million a year ago. Basic loss per share was USD 0.00008 compared to USD 0.12 a year ago.
GEX Management, Inc. is a management consulting and technology business services company. The Company offers a range of business operational services to clients. The Company provides both long and short-term consulting solution services, including enterprise strategy and technology consulting, enterprise project management; and Human Capital Management (HCM) solution capabilities. It provides project management services to help businesses plan, execute, and control their projects. It is also focused on exploring new technologies and tools that can help it provide better and more efficient consulting services to its clients. This includes developing its own artificial intelligence (AI)-powered platform that can be used to enhance its existing consulting offerings and provide clients with additional insights and value. The Company uses various channels to reach potential clients, including digital marketing, social media, industry events, referrals, and targeted advertising.