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Artificial Intelligence Technology Solutions Inc   (AITX)
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EARNINGS REPORT by CSIMarket

Losses Widen, Topline Tumbles

Artificial Intelligence Technology Solutions Inc announced second quarter 2020 operating shortfall of $-0.667898 millions

Artificial Intelligence Technology Solutions Inc reported disastrous second quarter 2020, where Sales faded to $0 millions and loss per share has widen to $-0.04, from the same quarter a year ago.

from preceding quarter from $1.28 per share, from $0 millions.

For the second quarter 2020 Artificial Intelligence Technology Solutions Inc realized net loss of $-9.018 million, bigger than $-0.375 million a year ago.


    Recently Reported Results
Kundeservice1_By_HLundgaard_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common Mays J W Inc

Loss on Weak Sales

Artificial Intelligence Technology Solutions Inc reported disastrous second quarter 2020, where Sales faded to $0 millions and loss per share has widen to $-0.04, from the same quarter a year ago.

From the preceding quarter, improved from $-0.29 per share and Sales fell by -15.6% from $5.13 millions.

MAYS stock quotes, charts, profile

Growth Rates, Profitability, PE

gasstation_[[User{1}{{{1}}}]]_at_the_English_language_Wikipedia__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons Consumer Price Index

In August growth in Consumer Prices moderates

CPI contunued to grow in August but on the smaller pace than in two previous months, led by increase in gasoline prices.

computer_technology_pc_electronics_storage_medium_hard_drive_memory_digital-553175 Document Security Systems Inc

Turn into Profitability, Strong Double Digit Revenue Growth

Document Security Systems Inc announced earnings per share of $0.70 and Sales of $3.13 millions in the third quarter of 2020, Company's turn a round per share, versus $-0.05 eps, earned in the same quarter a year ago, although Document Security Systems Inc saw its Sales rise by 18% in the same period.

Computer processing and cloud services company regained its profitability from the preceding quarter from $-0.27 per share, Sales surged by 33.24 % from $3.13 millions.

DSS stock quotes, charts, profile

Growth Rates, Profitability, PE

dna-163466__340 Quest Diagnostics Inc

Impressive Quarter

Company's third quarter of 2020 earnings per share more than doubled by 165.38 % to $4.14 per share compared to a year ago on growing Sales of 42.43% to $2.79 billions.

In the previous quarter company realized Sales of $1.83 billions and $1.36 per share.

DGX stock quotes, charts, profile

Growth Rates, Profitability, PE

pexels-photo-221201 Lithia Motors Inc

Lithia Motors Inc announced third quarter of 2020 operating profit of $239.6 millions

Sales for the third quarter of 2020 increased by 8.64% to $3.62 billions in comparison to $3.33 billions on a year-over-year basis, company posted earnings growth of 88.46 % to $6.86, as comparison at $3.64 in the prior year quarter.

In contrast to the second quarter Sales surged by 31.23 % from $2.76 billions and eps more than doubled by 102.96 % from $3.38 per share.

LAD stock quotes, charts, profile

Growth Rates, Profitability, PE

unemployed_lines_pd Employment Report

Economy gains 661,000 jobs, unemployment rate 7.9 %

The nonfarm payrolls grew 661,000 in August, as faster hiring puts more money in the hands of consumers, what usually leads to an increase in spending,

turn-on-2932999__340 Producer Price Index

Wholesale prices climbed 0.3 % in August

U.S. Wholesale prices rose 0.3 % in August, led by increase in crude petroleum prices.

house-1525913_960_720 Housing Starts

Construction of new homes in U.S. dropped in August

Housing starts fell again after recent increases, following very solid July report.

ATM_nice_pd Enterprise Financial Services Corp

EPS Drops due to Weak Sales

In the third quarter of 2020 company reported soft top and bottom-line results, where income dropped by -37.04% and revenue by -17.22% year on year. Revenue were to $61.90 millions compared to $74.78 millions eps at $0.68 compared to $1.08 in same quarter a year ago.

From the preceding quarter, earnings grew by 21.43 % from $0.56 per share and Revenues advanced by 10.14 % from $56.20 millions.

EFSC stock quotes, charts, profile

Growth Rates, Profitability, PE

Type-ONE_By_Mlilxkaf_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common Autoliv Inc

Sales and Profits Increased

Autoliv Inc reported moderate Sales growth of 0.47% to $2.04 billions in the third quarter of 2020, eps grew by 14.29 % to $1.12 year on year.

Sales surged by 94.46 % from $1.05 billions in preceding period, income EPS turn positive from $-2.00 per share.

ALV stock quotes, charts, profile

Growth Rates, Profitability, PE

Coal_mine_Wyoming_pd Arch Resources Inc

Company reports $-191.47 million loss, as impairment charges strip off $168.05 million from the third quarter of 2020 results.

Company reports $-191.47 million loss, as impairment charges strip off $168.05 million from the third quarter of 2020 results.

Auto & Truck Parts company regained its profitability from the preceding quarter from $-3.26 per share, Sales Tumbled by -50.6% from $319.52 millions.

ARCH stock quotes, charts, profile

Growth Rates, Profitability, PE

Tomography_(CAT)_scan_pd West Pharmaceutical Services Inc

Surge in Sales and Earnings

West Pharmaceutical Services Inc announced strong results in the third quarter of 2020, where Sales rose by 20.15% to $548.00 millions and profits soared by 45.33 % to $1.09 per share, year on year.

Sequentially eps decreased by -9.92% from $1.21 per share and Sales increased by 3.95 % from $527.20 millions.

WST stock quotes, charts, profile

Growth Rates, Profitability, PE

apparel_store_pd Carter s Inc

Strong Double Digit EPS Growth, Sales more than Double

In the third quarter of 2020 Carter S Inc profits soared by 38.06 % of $1.85 per share compared to $1.34 a year ago and eps more than doubled by 873.68 % from $0.19 per share from the previous quarter.

Sales increased sharply by 9332.64% to $867.05 millions from $9.19 millions in the same quarter a year ago and sequentially Sales surged by 66.87 % from $519.59 millions.

CRI stock quotes, charts, profile

Growth Rates, Profitability, PE

pexels-photo-257736 Acuity Brands Inc

Deterioration in Earnings, Sales Lower

Acuity Brands Inc reported soft results for the fourth quarter of 2020, where income fell by -22.92% to $1.87 per share and Sales decreased by -5% to $891.20 millions, year on year.

Looking into results from previous quarter Sales advanced by 14.82 % from $776.20 millions and earnings grew by 22.75 % from $1.52 per share.

AYI stock quotes, charts, profile

Growth Rates, Profitability, PE



Other AITX's Earnings Reports

Artificial Intelligence Technology Solutions Inc reported first quarter 2020 earnings

Artificial Intelligence Technology Solutions Inc reported fourth quarter 2020 earnings

Artificial Intelligence Technology Solutions Inc reported third quarter 2019 earnings

       
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