Root9B Technologies Inc. Announces Consolidated Earnings Results for Year Ended December 31, 2016
April 18, 2017 at 07:00 am EDT
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root9B Technologies Inc. announced consolidated earnings results for year ended December 31, 2016. For the year, the company reported net revenue of $10,238,552, loss from operations of $17,465,207, loss from continuing operations before income taxes of $18,299,187, loss from continuing operations of $18,299,187 or basic and diluted per share of $3.31, net loss attributable to common stockholders of $30,493,185, or basic and diluted per share of $5.52 compared to the net revenue of $11,157,480, loss from operations of $11,423,636, loss from continuing operations before income taxes of $8,109,685, loss from continuing operations of $8,025,286 or basic and diluted per share of $0.07, net loss attributable to common stockholders of $8,744,398, basic and diluted per share of $1.86 for the same quarter a year ago.
root9B Holdings, Inc., formerly root9B Technologies, Inc., is engaged in providing cybersecurity, business advisory services principally in regulatory risk mitigation, and energy and controls solutions. The Company helps clients in various industries to provide cyber operations and solutions, mitigate risk, comply with regulations, and leverage and integrate technology. It operates through three segments: Cyber Solutions, IPSA International, Inc. (IPSA)/Business Advisory Solutions, and Energy and Controls Solutions. The Cyber Solutions segment provides cyber security and technology training capabilities, operational support and consulting services. The IPSA/Business Advisory Solutions segment delivers solutions in both regulatory compliance and risk mitigation. The Energy and Controls Solutions segment works with its customers to assess, design and install processes and automation. Its services include cyber operations assessments, forensics, exploitation and defense planning.
ROOT9B HOLDINGS, INC. 
