Inactive Instrument

InsPro Technologies Corporation

ITCC

US45778T1016

Inspro Technologies Corporation Reports Earnings Results for the Full Year Ended December 31, 2019

March 25, 2020 at 04:33 pm EDT

InsPro Technologies Corporation announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was USD 14.892 million compared to USD 21.634 million a year ago. Operating loss was USD 1.065 million compared to operating Income of USD 2.640 million a year ago. Net loss was USD 1.194 million compared to net income of USD 2.478 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to basic earnings per share from continuing operations of USD 0.06 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to diluted earnings per share from continuing operations of USD 0.01 a year ago.

Latest news about InsPro Technologies Corporation

InsPro Technologies Corporation Announces Management Changes	20-04-01	CI
Majesco completed the acquisition of InsPro Technologies Corporation from a group of sellers for approximately $11.4 million.	20-03-31	CI
Inspro Technologies Corporation Reports Earnings Results for the Full Year Ended December 31, 2019	20-03-25	CI
Majesco entered into a letter of intent to acquire InsPro Technologies Corporation from a group of sellers for approximately $12 million.	20-01-29	CI
Inspro Technologies Corporation Reports Earnings Results for the Third Quarter Ended September 30, 2019	19-11-12	CI
Inspro Technologies Corporation Reports Earnings Results for the Second Quarter Ended June 30, 2019	19-08-14	CI
Inspro Technologies Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2019	19-05-15	CI
InsPro Technologies Corporation Reports Consolidated Earnings Results for Fourth Quarter and Year Ended December 31, 2018	19-04-01	CI
InsPro Technologies Corporation Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018	18-11-14	CI
InsPro Technologies Corporation Announces Executive Changes	18-10-30	CI
Inspro Technologies Corporation Announces Resignation of L.J. Rowell as A Member of the Board of Directors	18-08-21	CI
InsPro Technologies Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2018	18-08-14	CI
InsPro Technologies Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2018; Provides Earnings Forecast for 2018	18-05-14	CI
InsPro Technologies Corporation Announces Resignation of John Harrison as Member of the Board of Directors and as Member of All Committees of the Board on Which He Served	18-04-04	CI
InsPro Technologies Corporation Reports Consolidated Earnings Results for Fourth Quarter and Year Ended December 31, 2017	18-03-30	CI
Robert Oakes Resigns as Member of InsPro Technologies Corp.'s Board of Directors	18-03-29	CI
InsPro Technologies Corporation Announces Resignation of Paul Soltoff as Member of the Board of Directors and as a Member of All Committees of the Board	18-03-06	CI
InsPro Technologies Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2017	17-11-14	CI
InsPro Technologies Corporation Announces Executive Changes	17-10-13	CI
InsPro Technologies Corporation announced that it has received $0.3 million in funding from Azeez Investors, LLC and another investor	17-05-10	CI
InsPro Technologies Corporation announced that it has received $2 million in funding from Cross Atlantic Capital Partners LLC	17-04-19	CI
InsPro Technologies Corporation Announces Board Changes	16-11-17	CI
InsPro Technologies Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016	16-11-14	CI
InsPro Technologies Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016	16-08-16	CI
InsPro Technologies Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2016	16-05-16	CI

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Company Profile

InsPro Technologies Corporation is a technology company. The Company provides, InsPro Enterprise, which is a software application used by insurance administrators in the insurance industry. InsPro Enterprise is a Web-based insurance administration software application. InsPro Enterprise clients include insurance carriers and third-party administrators. The Company markets InsPro Enterprise as a licensed software application. The Company offers InsPro Enterprise on both a licensed and an application service provider (ASP) basis. InsPro Enterprise is an insurance administration and marketing system that supports group and individual business lines, and processes agent, direct market, worksite and Website generated business. The Company conducts its operations through its subsidiary, InsPro Technologies, LLC (InsPro Technologies). InsPro Enterprise has a design, which enables the customer to purchase only the functionality needed.

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