Evio, Inc. Reports Earnings Results for the First Quarter Ended December 31, 2018
September 30, 2019 at 02:02 pm EDT
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EVIO, Inc. announced earnings results for the first quarter ended December 31, 2018. For the first quarter, the company announced total revenue was USD 1.187 million compared to USD 946,865 a year ago. Operating loss was USD 1.672 million compared to USD 667,060 a year ago. Net loss was USD 2.596 million compared to USD 986,592 a year ago. Basic loss per share from continuing operations was USD 0.1 compared to USD 0.08 a year ago.
EVIO, Inc. is a diversified holding company. The Company provides analytical testing services to the agricultural and pharmaceutical industries, primarily for cannabis, hemp, and related products. The Company offers residential and commercial construction services. The Company also offers research and development and consulting services for participants in the cannabis and hemp industries. The Company tests products to verify the regulatory requirements for sale. Its subsidiaries include Smith Scientific Industries, LLC; Greenhaus Analytical Labs, LLC; Viridis Analytics, LLC; EVIO Labs OR, Inc.; C3 Labs, LLC; EVIO Labs Humboldt, LLC and Keystone Labs, Inc.