LiqTech International, Inc. Announces Record Second Quarter 2019 Financial Results
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LiqTech International (LIQT) Misses Q2 EPS by 2c, Revenues Beat
August 14, 2019 8:02 AM EDTLiqTech International (NASDAQ: LIQT) reported Q2 EPS of $0.01, $0.02 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $9.3 million versus the consensus estimate of $8.93 million.
Recent Highlights
Revenue for the second quarter of 2019 was $9.3 million, a new quarterly record for the Company, up 258% from the same period in 2018 and up 25% sequentially from the first quarter of 2019.The Company improved profitability in the second quarter with Income from Operations of $0.4 million driven by revenue growth and gross margin improvement.Customer order commitments continued to grow, with... More