LiqTech International Inc. Announces Third Quarter 2020 Financial Results

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LiqTech International (LIQT) Misses Q3 EPS by 11c, Revenues Miss

November 9, 2020 8:14 AM EST

LiqTech International (NASDAQ: LIQT) reported Q3 EPS of ($0.18), $0.11 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $3.5 million versus the consensus estimate of $4.27 million.

Key Highlights

Revenue of $3.5 million, in line with our expectations.Strong ending cash balance of $14.5 million.Developed Black Carbon and NOx Reduction systems for the marine market.Introducing new 60-nanometer ceramic hybrid... More