LiqTech International (LIQT) Misses Q3 EPS by 3c

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Go back to LiqTech International (LIQT) Misses Q3 EPS by 3c

LiqTech International, Inc. Reports 2016 Third Quarter Results

November 14, 2016 8:30 AM EST

BALLERUP, Denmark, Nov. 14, 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 and nine months ended September 30, 2016.

Financial highlights for the three months ended September 30, 2016

Net sales for the three months ended September 30, 2016 were $3.7 million compared to $6.9 million for the same period in 2015, representing a decrease of $3.2 million or 46%.  The decrease in net sales was driven primarily by a decrease in sales of membranes and systems... More