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Norris Industries Inc   (INWP)
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EARNINGS REPORT by CSIMarket

Norris Industries Inc recognizes $1 million charge

Company reports $-2.049 million loss, as impairment charges strip off $1 million from the fourth quarter 2020 results.

Well_in_By_Dwight_Burdette__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsNorris Industries Inc reported disastrous fourth quarter 2020, where Sales faded to $0 millions and loss per share has widen to $-0.02, from the same quarter a year ago.

from preceding quarter from $0.00 per share, from $0 millions.

For the fourth quarter 2020 Norris Industries Inc logged net loss of $-2.049 million, instead of break-even in the same quarter a year before.

Company's $1 million impairment of assets, was mainly responsible for the fourth quarter 2020 loss, but without it, Norris Industries Inc would still struggle to break even.

Norris Industries Inc announced net loss of $-3 millions and Sales of $1 millions in the fiscal year 2020.

Net loss per share has widen to $-0.03 from $-0.01 in previous fiscal year, while by 14.82 % from $0 millions a year ago.

Norris Industries Inc is expected to report next financial results on July 15, 2020.


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Other INWP's Earnings Reports

Norris Industries Inc reported third quarter 2019 earnings

Norris Industries Inc reported second quarter 2019 earnings

Norris Industries Inc reported first quarter 2019 earnings

       
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