LiqTech International Announces First Quarter 2021 Financial Results
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LiqTech International (LIQT) Tops Q1 EPS by 3c, Revenues Miss
May 12, 2021 8:03 AM EDTLiqTech International (NASDAQ: LIQT) reported Q1 EPS of ($0.11), $0.03 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $4 million versus the consensus estimate of $4.19 million.
First Quarter 2021 Highlights
First quarter revenue of $4.0 million.Net loss of $2.5 million.Strong ending cash balance of $10.7 million.Invested in sales and engineering personnel to drive revenue growth.Developed significant opportunities in key markets beyond marine scrubbers.Revenue for the first quarter continued to be negatively affected by the COVID-19 pandemic, although it was in line with... More
