Welcome to our dedicated page for Liqtech Internat news (Ticker: LIQT), a resource for investors and traders seeking the latest updates and insights on Liqtech Internat stock.
LiqTech International, Inc. reports news on its clean-technology filtration business, including ceramic silicon carbide membranes, membrane-based liquid filtration systems, diesel particulate filters and plastic components. Company updates commonly address QlariFlow™ commercial pool filtration systems, system orders, regional partnerships and deployments for public, institutional and commercial aquatic facilities.
Recurring announcements also cover quarterly and annual results, revenue trends in systems and aftermarket activity, cash and profitability measures, and governance changes such as board appointments. The company's releases connect its filtration platforms to end markets that require water treatment, emissions control and specialized industrial components.
LiqTech International (NASDAQ: LIQT), a clean technology firm specializing in filtration technologies, announced CEO Sune Mathiesen's participation in the Lytham Partners Virtual Investor Growth Conference on October 7, 2020, at 10:00 AM ET. The event will include a presentation and a fireside chat, followed by virtual one-on-one meetings with management. A webcast of the event can be accessed through LiqTech's investor relations webpage, and a replay will be available post-event. LiqTech focuses on advanced filtration solutions for water purification and diesel exhaust control.
LiqTech International, Inc. (Nasdaq: LIQT) has appointed Richard Meeusen to its Board of Directors, effective immediately. Meeusen brings extensive experience from his previous leadership roles, including 17 years as CEO at Badger Meter. His expertise is expected to aid LiqTech in navigating challenges and opportunities in the marine scrubber market and other applications for silicon carbide membrane systems. CEO Sune Mathiesen expressed optimism about Meeusen's contributions, suggesting a strategic move to enhance the company's growth and innovation in filtration technologies.
LiqTech International reported its second quarter 2020 financial results, revealing a revenue decline of 50.1% to $4.6 million compared to $9.3 million in Q2 2019, primarily due to COVID-19's impact. The company experienced a net loss of $(2.6) million, contrasting with a net income of $0.1 million last year. Despite challenges, LiqTech formed a joint venture for water treatment in the Middle East and observed increased inquiries for marine scrubber filtration systems. Ending cash balance was $16.2 million, bolstered by a $7.3 million private placement.
LiqTech International, Inc. (NASDAQ: LIQT) will release its financial results for the second quarter of 2020 on August 10, 2020, before the market opens. A conference call is scheduled for the same day at 9:00 a.m. ET to discuss the results. Interested participants can join by dialing (833) 535-2206 or (412) 902-6741. A replay will be available until August 17, 2020. The company specializes in ceramic silicon carbide filtration technologies for gas and liquid purification, serving diverse water purification needs.