LiqTech International (LIQT) Misses Q1 EPS by 9c

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Go back to LiqTech International (LIQT) Misses Q1 EPS by 9c

LiqTech International, Inc. Reports 2016 First Quarter Results

May 12, 2016 9:15 AM EDT

BALLERUP, Denmark, May 12, 2016 /PRNewswire/ -- LiqTech International, Inc. (NYSE MKT: LIQT), a clean technology company that manufactures and markets highly specialized filtration products and systems, announces today its financial results for the three months ended March 31, 2016.

Financial highlights for the three months ended March 31, 2016

Net sales for the three months ended March 31, 2016 were $3.6 million compared to $2.1 million for the same period in 2015, representing an increase of $1.5 million or 71%.  The increase in net sales was driven primarily by an increase in sales of membranes and systems of $1.2 million... More