LiqTech International Announces Preliminary 2019 Financial Results and Outlook for the First Quarter of 2020
LiqTech International, Inc. (LIQT)
NASDAQ:AMEX Investor Relations:
liqtech.com/investor-relations
Company Research
Source: PR Newswire
BALLERUP, Denmark, Jan. 21, 2020 /PRNewswire/ -- LiqTech International, Inc. (NASDAQ: LIQT) ("LiqTech"), a clean technology company that manufactures and markets highly specialized filtration technologies, today announced preliminary fiscal year 2019 financial results and provided an outlook for the first quarter of 2020.Preliminary Year End and Fourth Quarter Financial ResultsFor the fiscal year 2019 ended December 31, 2019, the Company anticipates revenue of $32.4 million, an increase of approximately 265% compared to fiscal year 2018 revenue of $12.3 million. Fourth quarter 2019 revenue is anticipated to be $6.0 million, in line with previously announced expectations.The Company anticipates that fiscal year 2019 income from operations will be approximately $0.1 million, compared to a loss of $4.5 million in fiscal year 2018."Fiscal year 2019 was transformational for LiqTech as we achieved a 265% increase in revenue and transitioned the Company to profitability," commented Sune Math
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News
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- LiqTech International, Inc. (NASDAQ: LIQT) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- LiqTech International, Inc. (NASDAQ: LIQT) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
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LIQT
Sec Filings
- 4/30/24 - Form 10-K/A
- 4/2/24 - Form 3
- 3/22/24 - Form 10-K
- LIQT's page on the SEC website