LiqTech International, Inc. Announces Fourth Quarter and Record Year End 2019 Financial Results

Go back to LiqTech International, Inc. Announces Fourth Quarter and Record Year End 2019 Financial Results

LiqTech International (LIQT) Tops Q4 EPS by 2c, Revenues Beat

March 26, 2020 8:11 AM EDT

LiqTech International (NASDAQ: LIQT) reported Q4 EPS of $0.00, $0.02 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $6.2 million versus the consensus estimate of $5.9 million.

Fourth Quarter 2019 Financial Results

Revenue for the fourth quarter of 2019 was $6.2 million, an increase of 116% compared to $2.9 million in the fourth quarter of 2018.Net income for the fourth quarter of 2019 was a loss of $0.8 million compared to a loss of $1.1 million in the fourth quarter of 2018.

"I am pleased with our performance in 2019, which was highlighted by record revenues as our proprietary... More