Crescent Acquisition Corp. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 13, 2020 at 05:19 pm EST
Crescent Acquisition Corp. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced operating loss was USD 435,630 compared to USD 124,879 a year ago. Net loss was USD 417,033 compared to net income of USD 1.053 million a year ago. For the nine months, operating loss was USD 754,098 compared to USD 371,503 a year ago. Net loss was USD 61,348 compared to net income of USD 2.274 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to USD 0.1 a year ago.