QuoteMedia, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 26, 2021 at 06:01 am EDT
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QuoteMedia, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was USD 12.402 million compared to USD 11.793 million a year ago. Operating loss was USD 643,714 compared to operating Income of USD 599,655 a year ago. Net loss was USD 646,324 compared to net income of USD 558,997 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to Diluted EPS - Continuing Operations of USD 0 a year ago.
QuoteMedia, Inc. provides financial data, market research information, analytics, news feeds, and financial software solutions to online brokerages, banks, clearing firms, financial service companies, media portals, and public corporations. It offers an array of market information and services: streaming stock market data feeds, research and analysis information, content applications, portfolio management systems, software products, corporate investor relations provisioning, news services, mobile apps, and custom development. Its products and services are divided into three main categories: Data Feed Services; Interactive Web Content and Data APIs; and Portfolio Management and Real-Time Quote Systems. It offers its clients a range of data, information, and services, including streaming real-time data feeds, dynamic content Web displays, news feed aggregation and delivery, mobile app solutions and others. Its portfolio management products are provided on a software as a service model.