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Summit Networks Inc.  (SNTW)
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EARNINGS REPORT by CSIMarket

Deficit Bigger Than a Year Ago but Revenues Unchanged

Summit Networks Inc announced second quarter 2018 operating loss of $-0.042498 millions

Bordeln_By_Willy_Stahl,_RAS_Reinhardt_Maschinenbau_GmbH__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsFor the second quarter 2018 Summit Networks Inc losses widen of $-0.01 per share compare to $0.00 a year ago and improved from $-0.04 per share from the previous quarter.

Sales remained unchanged to $0 millions from $0 millions in the same quarter a year ago and sequentially from $0 millions.



For the second quarter 2018 Summit Networks Inc realized net loss of $-0 million, bigger than $-0 million a year ago.


Summit Networks Inc is expected to report next financial results on March 22, 2019.


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Deficit Bigger Than a Year Ago but Revenues Unchanged

For the second quarter 2018 Summit Networks Inc losses widen of $-0.01 per share compare to $0.00 a year ago and improved from $-0.04 per share from the previous quarter.

Sales remained unchanged to $0 millions from $0 millions in the same quarter a year ago and sequentially from $0 millions.

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Reading International Inc announced forth quarter operating income of $5.322 millions

Reading International Inc reported declining eps on increasing revenue in the forth quarter, where Sales grew by 4.6 % to $75.08 millions in comparison to $71.78 millions on a year-over-year basis, while income dropped by -33.24 % to $0.22 per share, income per share was $0.32 in the same quarter a year ago.

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Franklin Financial Services Corp announced earnings per share of $0.85 and Revenue of $13.23 millions in the forth quarter, Company's earnings turn positive per share, versus $-1.64 eps, earned in the same quarter a year ago, although Franklin Financial Services Corp saw it's Revenue rise by 5.88 % in the same period.

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Cadiz Inc announced forth quarter operating deficit of $-3.991 millions

Cadiz Inc announced earnings per share of $-0.33 and Sales of $0.11 millions in the forth quarter, Company's decreased loss per share, versus $-0.59 eps, earned in the same quarter a year ago, although Cadiz Inc saw it's Sales rise by 13.27 % in the same period.

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U.S. Construction spending fell by -0.6 % in December reported by the Department of Commerce, signaling weakenes in economy. Construction spending exerts a sizable influence because so many raw materials and finished goods are required to build construction projects.

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Consumer Prices were unchanged in January

Americans saw virtually no change in the prices they paid in January for a broad range of goods and services, according to the latest government data,

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The nonfarm payrolls grew 304,000 in January, as faster hiring puts more money in the hands of consumers, what usually leads to an increase in spending, as the hiring in the private sector accelerates and the public sector creates new jobs.

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Midsouth Bancorp Inc announced forth quarter operating shortfall of $-14.699 millions

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Revenues faded by -33.26 % to $9.95 millions from $14.90 millions in the same quarter a year ago and sequentially Revenue Tumbled by -42.37 % from $17.26 millions.

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Turn into Profitability, Topline Crumbles

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Lower demand led to lower revenues and higher losses, in the forth quarter company increased losses to $-0.30 per share, while Sales fell by -8.64 % to $84.29 millions, year on year.

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Other SNTW's Earnings Reports

Summit Networks reported first quarter 2018 earnings

Summit Networks reported forth quarter 2018 earnings

Summit Networks reported third quarter 2018 earnings

             
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