GEX Management, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 21, 2022 at 04:31 pm EST
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GEX Management, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 0.641923 million compared to USD 0.281805 million a year ago. Net loss was USD 0.021465 million compared to USD 0.177588 million a year ago. Basic loss per share from continuing operations was USD 0.00004.
For the nine months, sales was USD 1.66 million compared to USD 0.87032 million a year ago. Net loss was USD 0.572532 million compared to USD 0.732238 million a year ago. Basic loss per share from continuing operations was USD 0.001.
GEX Management, Inc. is a management consulting and technology business services company. The Company offers a range of business operational services to clients. The Company provides both long and short-term consulting solution services, including enterprise strategy and technology consulting, enterprise project management; and Human Capital Management (HCM) solution capabilities. It provides project management services to help businesses plan, execute, and control their projects. It is also focused on exploring new technologies and tools that can help it provide better and more efficient consulting services to its clients. This includes developing its own artificial intelligence (AI)-powered platform that can be used to enhance its existing consulting offerings and provide clients with additional insights and value. The Company uses various channels to reach potential clients, including digital marketing, social media, industry events, referrals, and targeted advertising.