Aftermaster, Inc. Reports Earnings Results for the Third Quarter Ended March 31, 2020
July 06, 2020 at 04:36 pm EDT
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AfterMaster, Inc. announced earnings results for the third quarter ended March 31, 2020. For the third quarter, the company announced total revenue was USD 141,424 compared to USD 206,632 a year ago. Operating loss was USD 441,759 compared to USD 1.014 million a year ago. Net loss was USD 13.740 million compared to USD 5.676 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.03 a year ago. For the nine months, total revenue was USD 432,155 compared to USD 1.149 million a year ago. Operating loss was USD 2.017 million compared to USD 3.023 million a year ago. Net loss was USD 17.082 million compared to USD 9.985 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to USD 0.06 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. 
