Welcome to our dedicated page for Namesilo Technologies news (Ticker: URLOF), a resource for investors and traders seeking the latest updates and insights on Namesilo Technologies stock.
NameSilo Technologies Corp. reports company developments across domain registration, online commerce tools and remote inspection technology. Its NameSilo LLC business operates as a domain registrar and internet solutions provider, with news commonly covering domains under management, marketplace revenue, ancillary services, website-builder and ecommerce capabilities, and periodic financial results.
The company's updates also cover its technology subsidiaries. SewerVUE provides large-diameter pipe inspection using multi-sensor tools such as LiDAR, sonar, HD-CCTV and pipe-penetrating radar for critical infrastructure assessment. Reach Systems adds remote inspection robotics, tether and cable management systems, and subsea camera and winch solutions for industrial, marine, energy, defense and infrastructure markets.
NameSilo Technologies Corp. (CSE: URL; PINKSHEETS: URLOF) announced its Q2 2022 financial results, reporting record revenues of $11,248,570, a 33.7% increase from Q2 2021. Gross profit rose to $2,196,621 (19.5% margin), up 51.7%. Operating income surged 264% to $561,751. Despite a net loss reduced to $683,040 from $2,897,994, the company saw overall improvement. NameSilo also has 4.61 million domains under management and plans to enhance customer offerings.