LiqTech International, Inc. Announces Record Third Quarter 2019 Revenue and Net Income
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LiqTech International (LIQT) Reports Q3 Revenues Miss; Offers Q4 Revenue Outlook
November 14, 2019 8:03 AM ESTLiqTech International (NASDAQ: LIQT) reported Q3 revenue for the quarter came in at $9.7 million versus the consensus estimate of $9.87 million.
Management Commentary
"We continued to make strong progress on our key operational initiatives during the third quarter, culminating in a quarterly revenue and net income record and an expanding backlog," commented Sune Mathiesen, CEO of LiqTech International. "We also received our largest single order to date placed by one of the world's largest shipping companies, which follows the recent installation and system deployment by this same customer on the two largest... More
