Aftermaster, Inc. Reports Earnings Results for the First Quarter Ended September 30, 2019
November 14, 2019 at 05:02 pm EST
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AfterMaster, Inc. announced earnings results for the first quarter ended September 30, 2019. For the first quarter, the company announced total revenue was USD 140,269 compared to USD 534,522 a year ago. Operating loss was USD 778,637 compared to USD 889,004 a year ago. Net loss was USD 1.865 million compared to USD 2.126 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.
Aftermaster, Inc. (Aftermaster) is an audio technology and products company. The Company and its subsidiaries are engaged in the development and commercialization of audio and video technologies and products for professional and consumer use, including Aftermaster Audio, ProMaster, Aftermaster Pro, HearClearTV, the Superbar, Aftermaster Studio Pro and MyStudio. It also operates recording and mastering studios at its facilities in Hollywood, California. Its Aftermaster audio technology is an internally developed mastering, remastering and audio processing technology. Aftermaster Pro is a personal audio re-mastering device. HearClear TV is a portable television (TV) audio remastering product. Promaster is an online music mastering, streaming, and storage service designed for independent artists, audio technologies developed by Aftermaster. The Company offers professional hands-on mastering services and instant online mastering through its Promaster brand for music, TV and film.