Gigas Hosting, S.A. Reports Earnings Results for the Full Year Ended December 31, 2020
April 11, 2021
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Gigas Hosting, S.A. Announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was EUR 497,811.09 compared to EUR 328,654.64 a year ago. Operating loss was EUR 67,500.13 compared to operating Income of EUR 679,087.71 a year ago. Net loss was EUR 461,389.61 compared to net income of EUR 215,843.64 a year ago.
Gigas Hosting SA is a Spain-based company engaged in the provision of cloud computing services. The Company focuses on offering cloud hosting solutions for business entities, such as small and medium enterprises (SMEs), designers, e-commerce and mobile application developers. Its product range comprises: Cloud Datacenter, which enables users to define and design virtual infrastructure; and Clound Virtual Private Server (VPS), a virtual scalable resource platform. Furthermore, It offers help in migration of customers technology and services to the cloud computing, as well as technical and commercial support services, 24 hours a day. The Company uses technology provided under global brand names, including Hewlett Packard (hp), NetApp, Cisco, Intel, and Microsoft, among others. The Company operates datacenters in Spain and the United States within Interxion and Terremark facilities.