Evio, Inc. Reports Earnings Results for the Third Quarter Ended June 30, 2019
November 15, 2019 at 04:59 pm EST
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EVIO, Inc. announced earnings results for the third quarter ended June 30, 2019. For the third quarter, the company announced total revenue was USD 1.101 million compared to USD 634,338 a year ago. Operating loss was USD 1.560 million compared to USD 2.310 million a year ago. Net loss was USD 1.303 million compared to USD 3.199 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to USD 0.18 a year ago. For the nine months, total revenue was USD 3.023 million compared to USD 2.313 million a year ago. Operating loss was USD 4.935 million compared to USD 5.340 million a year ago. Net loss was USD 7.631 million compared to USD 5.866 million a year ago. Basic loss per share from continuing operations was USD 0.29 compared to USD 0.39 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.
EVIO, INC. 
