Sector 10, Inc. Reports Earnings Results for the Third Quarter Ended December 31, 2018
February 14, 2019 at 08:56 pm
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Sector 10, Inc. announced earnings results for the third quarter ended December 31, 2018. For the third quarter, the company announced operating loss was USD 208,007 compared to USD 197,820 a year ago. Net loss was USD 328,059 compared to USD 304,672 a year ago. Basic loss per share was USD 1.08 compared to USD 1 a year ago. Basic loss per share from continuing operations was USD 1.07 compared to USD 1 a year ago. For the nine months, operating loss was USD 623,409 compared to USD 594,855 a year ago. Net loss was USD 973,415 compared to USD 905,260 a year ago. Basic loss per share was USD 3.19 compared to USD 2.96 a year ago. Basic loss per share from continuing operations was USD 3.18 compared to USD 2.96 a year ago.
Sector 10, Inc. is a development-stage company. The Company markets the MRU and SRU products, and the various solutions related to mobile assets. The Company is evaluating various options for use of its equipment in future operations. The Company is not having any sales activity and it has no revenue.