Gex Management, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 19, 2020 at 01:15 pm EDT
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GEX Management, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was USD 107,880 compared to USD 162,435 a year ago. Operating loss was USD 68,196 compared to operating Income of USD 3,278 a year ago. Net loss was USD 63,196 compared to USD 123,091 a year ago. Basic loss per share from continuing operations was USD 0.00001 compared to USD 0.000038 a year ago. For the half year, total revenue was USD 162,178 compared to USD 247,284 a year ago. Operating loss was USD 143,799 compared to USD 139,867 a year ago. Net loss was USD 67,271 compared to USD 334,230 a year ago. Basic loss per share from continuing operations was USD 0.000011 compared to USD 0.00001 a year ago.
GEX Management, Inc. is a management consulting and technology business services company. The Company offers a range of business operational services to clients. The Company provides both long and short-term consulting solution services, including enterprise strategy and technology consulting, enterprise project management; and Human Capital Management (HCM) solution capabilities. It provides project management services to help businesses plan, execute, and control their projects. It is also focused on exploring new technologies and tools that can help it provide better and more efficient consulting services to its clients. This includes developing its own artificial intelligence (AI)-powered platform that can be used to enhance its existing consulting offerings and provide clients with additional insights and value. The Company uses various channels to reach potential clients, including digital marketing, social media, industry events, referrals, and targeted advertising.