Video River Networks, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 02:55 pm EST
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Video River Networks, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 0.146 million. Revenue was USD 2 million compared to USD 0.019035 million a year ago. Net income was USD 0.079734 million compared to net loss of USD 0.042672 million a year ago. Basic earnings per share from continuing operations was USD 0.0004.
For the nine months, sales was USD 0.846385 million compared to USD 1.21 million a year ago. Revenue was USD 6.04 million compared to USD 1.3 million a year ago. Net income was USD 0.946676 million compared to net loss of USD 0.132618 million a year ago. Basic earnings per share from continuing operations was USD 0.0053 compared to basic loss per share from continuing operations of USD 0.0007 a year ago.
Tytan Cybernetics, Inc., formerly Video River Networks, Inc., is a holding company for electric vehicle technology, financial technology, artificial intelligence, robotics, drones and distressed assets. The Company is engaged in expanding its technology portfolio, which includes electric vehicles, artificial intelligence, machine learning and robotics (EV-AI-ML-R), with businesses and operations in North America and Asia. The Company is also focused on business opportunities within financial technology, artificial intelligence, health, sports and entertainment industries.
VIDEO RIVER NETWORKS, INC. 
