Root9B Technologies Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2017
July 11, 2017 at 04:45 pm EDT
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root9B Technologies Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported net revenue of $2,654,284 compared to $2,031,393 a year ago. Loss from operations was $4,076,342 compared to $3,893,487 a year ago. Loss from continuing operations before taxes was $3,771,262 compared to $2,695,855 a year ago. Loss from continuing operations was $3,771,262 or $0.62 per basic and diluted share compared to $2,747,760 or $0.53 per basic and diluted share a year ago. Net loss attributable to common stockholders was $4,542,803 or $0.74 per basic and diluted share compared to $3,237,079 or $0.62 per basic and diluted share 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. 
