Aftermaster, Inc. Reports Earnings Results for the Third Quarter Ended March 31, 2019
May 15, 2019 at 04:38 pm EDT
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AfterMaster, Inc. announced earnings results for the third quarter ended March 31, 2019. For the third quarter, the company announced total revenue was USD 206,632 compared to USD 441,196 a year ago. Operating loss was USD 1.014 million compared to USD 697,388 a year ago. Net loss was USD 5.676 million compared to net income of USD 2.331 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to basic earnings per share from continuing operations of USD 0.02 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to diluted earnings per share from continuing operations of USD 0.01 a year ago. For the nine months, total revenue was USD 1.149 million compared to USD 901,658 a year ago. Operating loss was USD 3.023 million compared to USD 2.586 million a year ago. Net loss was USD 9.985 million compared to USD 164,560 a year ago. Basic loss per share from continuing operations was USD 0.05 compared to Basic EPS - Continuing Operations of USD 0 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.
AFTERMASTER, INC. 
