LiqTech International, Inc. Announces Year End 2018 Financial Results and Provides First Quarter 2019 Update
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LiqTech International (LIQT) Reports Q4 Revenues Above Consensus; Confirms 1-for-4 Reverse Share Split and NASDAQ Listing
March 28, 2019 6:39 AM EDTLiqTech International (NYSE: LIQT) reported Q4 revenue for the quarter came in at $7 million versus the consensus estimate of $3.23 million.
"I am very pleased with the progress that LiqTech has made over several years to position itself as a leader in the emerging marine scrubber industry," commented Sune Mathiesen, CEO of LiqTech International. "We expect to report record quarterly revenues of approximately $7 million for first quarter 2019, with solid profitability. Further, we expect that second quarter 2019 revenue and operating profit will surpass that of the first quarter, driven largely by the continued ramp in... More
