Leatt Corp Announces Third Quarter 2019 Results
LEATT CORP (LEAT)
NASDAQ:AMEX Investor Relations:
leatt-corp.com
Company Research
Source: PR Newswire
CAPE TOWN, South Africa, Nov. 12, 2019 /PRNewswire/ -- Leatt Corporation (OTCQB: LEAT), a leading developer and marketer of protective equipment and ancillary products for many forms of sports, especially extreme high-velocity sports, today announced financial results for the third quarter ending September 30, 2019. All financial numbers are in U.S. dollars.Financial and Business HighlightsRevenues increased by 12 percent, to $9.6 million for the 2019 third quarter Year-to-date global revenues of $21 million Net income increased 19 percent, to $1.3 million for the 2019 third quarter Other Products, Parts and Accessories category increased by 13 percent for the 2019 third quarter on continued strong demand for the new Velocity 6.5 line of goggles Sean Macdonald, Chief Executive Officer said, "The third quarter of 2019 was an exceptional quarter for Leatt, and is in fact the strongest quarter ever reported in our company's history. Global revenues were up 12 percent, to $9.6 million co
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