LiqTech International, Inc. Pre-Announces Record First Quarter 2019 Revenue and Profitability, Growing Order Backlog, and Intent to List on Nasdaq

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Go back to LiqTech International, Inc. Pre-Announces Record First Quarter 2019 Revenue and Profitability, Growing Order Backlog, and Intent to List on Nasdaq

LiqTech International (LIQT) Reports Q4 Revenues Above Consensus; Confirms 1-for-4 Reverse Share Split and NASDAQ Listing

March 28, 2019 6:39 AM EDT

LiqTech International (NYSE: LIQT) reported Q4 revenue for the quarter came in at $7 million versus the consensus estimate of $3.23 million.

"I am very pleased with the progress that LiqTech has made over several years to position itself as a leader in the emerging marine scrubber industry," commented Sune Mathiesen, CEO of LiqTech International. "We expect to report record quarterly revenues of approximately $7 million for first quarter 2019, with solid profitability. Further, we expect that second quarter 2019 revenue and operating profit will surpass that of the first quarter, driven largely by the continued ramp in... More