LiqTech International (LIQT) Reports Q4 Revenue of $5.1M

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Go back to LiqTech International (LIQT) Reports Q4 Revenue of $5.1M

LiqTech International Inc. Reports Fourth Quarter And Fiscal Year 2015 Results And 2016 Outlook

March 23, 2016 9:01 AM EDT

BALLERUP, Denmark, March 23, 2016 /PRNewswire/ -- LiqTech International, Inc. (NYSE: MKT LIQT), a clean technology company that manufactures and markets highly specialized filtration technologies, announced today its financial and operational results for fourth quarter and fiscal year 2015.

Financial highlights for the three months ended December 31, 2015

Net sales for the three months ended December 31, 2015 were $5.1 million compared to $2.5 million for the same period in 2014, representing an increase of $2.6 million or 104%. Our results this year have been significantly impacted by unfavorable currency translation effects. As a result, fourth quarter 2015 net sales at... More