Visium Technologies, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023
February 20, 2024 at 04:16 pm EST
Share
Visium Technologies, Inc. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported net loss was USD 1.21 million compared to USD 0.721523 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.22 a year ago.
For the six months, net loss was USD 1.8 million compared to USD 1.76 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.57 a year ago.
Visium Technologies, Inc. is a provider of cyber security visualization, big data analytics and automation that operates in the traditional cyber security space, as well as on the Internet of Things (IoT) and data analytics spaces. Its software allows people to access information, perform analysis, and share results without assistance from technical specialists. Its TruContext platform enables its customers to reduce or streamline their siloed and layered security products, simplifying operations while providing a comprehensive solution. Its solution automates certain previously manual tasks, freeing up personnel to focus on their most important objectives. TruContext can be deployed in a range of used cases, such as cyber security, threat intelligence and forensics, information technology (IT)/ operational technology (OT), critical infrastructure security, supply chain analytics, anti-fraud, law enforcement, compliance, and health care.