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Posted On: 08/11/2020 11:13:51 AM
Post# of 44433
$GDMK News Global Diversified Marketing Group Positioned for Future Growth Despite Challenging Market Conditions
ISLAND PARK, N.Y., Aug. 11, 2020 (GLOBE NEWSWIRE) -- Global Diversified Marketing Group Inc (OTC: GDMK) reported results for its second fiscal quarter ended June 30th, 2020.
Highlights for the three months ended June 30th, 2020 were as follows:
Revenues were $253,341 for the 2020 period compared to $418,638 during the same three months ended June 30th, 2019 while most of the quarter has been shut down.
Excluding a one-time $120,000 non-cash charge for stock-based compensation relating to stock issuance, operating expenses were $124,800 compared to $141,455 in the prior period.
For the six months ended June 30th, 2020, after excluding stock-based compensation, the Company’s operating loss was $51,232 compared to $53,389 in the prior year.
Secured New Distribution with over 350 Grocery Outlet Locations
https://finance.yahoo.com/news/global-diversi...00600.html
ISLAND PARK, N.Y., Aug. 11, 2020 (GLOBE NEWSWIRE) -- Global Diversified Marketing Group Inc (OTC: GDMK) reported results for its second fiscal quarter ended June 30th, 2020.
Highlights for the three months ended June 30th, 2020 were as follows:
Revenues were $253,341 for the 2020 period compared to $418,638 during the same three months ended June 30th, 2019 while most of the quarter has been shut down.
Excluding a one-time $120,000 non-cash charge for stock-based compensation relating to stock issuance, operating expenses were $124,800 compared to $141,455 in the prior period.
For the six months ended June 30th, 2020, after excluding stock-based compensation, the Company’s operating loss was $51,232 compared to $53,389 in the prior year.
Secured New Distribution with over 350 Grocery Outlet Locations
https://finance.yahoo.com/news/global-diversi...00600.html
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