Novra Technologies, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 29, 2019 at 04:07 pm EST
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Novra Technologies, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was CAD 3.015 million compared to CAD 3.558 million a year ago. Operating income was CAD 474,931 compared to CAD 559,824 a year ago. Basic earnings per share was CAD 0.01 compared to CAD 0.01 a year ago. Net income was CAD 215,153 compared to CAD 466,634 a year ago. For the nine months, sales was CAD 7.938 million compared to CAD 7.224 million a year ago. Operating loss was CAD 540,286 compared to CAD 1.083 million a year ago. Basic loss per share was CAD 0.03 compared to CAD 0.03 a year ago. Net loss was CAD 932,171 compared to CAD 399,452 a year ago.
Novra Technologies Inc. is a Canada-based company, which is an international technology provider of products, systems, and services for the distribution of multimedia broadband content. The Company, through its subsidiaries, offers a product portfolio, including hardware, software, and services. Its products include hardware and software tailored for advanced applications in key vertical markets: video, radio, and data distribution, digital cinema, and digital signage. In addition to its core video, radio, and data products, areas of expertise and added value include encryption, next generation hybrid networks (satellite/terrestrial/cloud), and efficient bandwidth utilization. It offers a range of products, including the S400 PRO DVB Satellite Receiver, S300V Receiver, GOES/GRB-S400 Pro Receiver, MSR300 DVB-S2 Multi-Input Satellite Receiver/Router, S75CA Receiver, S300D Receiver, S75+ Receiver, Novralink Hosted Digital Signage Service, NSP100-CHD, S300N Receiver and S300E Receiver.
NOVRA TECHNOLOGIES INC. 
