Datatrak International, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
March 26, 2021 at 10:11 am EDT
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DATATRAK International, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was USD 1.708 million compared to USD 1.908 million a year ago. Operating loss was USD 85,099 compared to operating Income of USD 102,208 a year ago. Net loss was USD 88,330 compared to net income of USD 108,130 a year ago. Basic loss per share from continuing operations was USD 0.04 compared to basic earnings per share from continuing operations of USD 0.05 a year ago. For the full year, sales was USD 7.157 million compared to USD 7.742 million a year ago. Operating loss was USD 90,046 compared to operating Income of USD 373,908 a year ago. Net loss was USD 90,186 compared to net income of USD 386,799 a year ago. Basic loss per share from continuing operations was USD 0.04 compared to basic earnings per share from continuing operations of USD 0.16 a year ago.
Datatrak International, Inc. is a technology and services company. The Company is engaged in delivering global eClinical solutions for the clinical trials industry. The Company is focused on providing subscription and professional services. Its enterprise platforms include Decentralized Trials (including, electronic consent (e-Consent), electronic patient reported outcomes (e-PRO) and electronic clinical outcomes assessment (e-COA), electronic data capture, clinical trial management system (CTMS) and imaging and endpoint adjudication, randomization, and business intelligence. The Companyâs CTMS includes functions for site feasibility and the tracking of action items and milestones. Its imaging and endpoint adjudication is a streamline the approach for managing imaging components while reducing manual workload and errors. Its business intelligence offers solution to create, monitor, and analyze user research and providing insights that allow to optimize processes from all aspects.
DATATRAK INTERNATIONAL, INC. 
