LiqTech International Inc. (LIQT) has reported an increased loss for the second quarter compared to the previous year.
The company recognized a loss of $2.11 million, or $0.36 per share, for this quarter, compared to a loss of $1.56 million, or $0.27 per share, in the second quarter of the previous year.
Revenue for the quarter decreased by 10.0%, falling to $4.49 million from $4.99 million in the same period last year.
Key financial highlights (GAAP) for LiqTech International Inc. include:
- Loss for Q2: $2.11 million compared to $1.56 million last year.
- EPS for Q2: -$0.36 compared to -$0.27 last year.
- Revenue for Q2: $4.49 million compared to $4.99 million last year.
**Guidance**: The company projects revenue for the next quarter to be in the range of $4.00 million to $5.00 million.
