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LiqTech International Inc (LIQT) Q3 2024 Earnings Call Highlights: Navigating Challenges and ... [Yahoo! Finance]

LiqTech International, Inc. (LIQT) 
NASDAQ:AMEX Investor Relations: liqtech.com/investor-relations
Company Research Source: Yahoo! Finance
DPF and Ceramic Membrane Sales: $1.1 million, compared to $1.6 million in the same period last year. Plastics Revenues: $0.7 million, equivalent to Q3 last year. Gross Margin: Negative gross loss of $0.2 million, compared to a positive gross margin of $0.9 million last year. Operating Expenses: $2.4 million, down from $2.6 million in Q3 of last year. Net Loss: $2.8 million, compared to $1.4 million for the comparable period of 2023. Cash Balance: Ended the quarter with $4.5 million in cash, with a pro forma cash balance of $13.3 million after a private placement. Cost Reduction Plan: Aimed at lowering break-even target to a quarterly revenue run rate of approximately $5.5 million. Warning! GuruFocus has detected 5 Warning Signs with LIQT. Release Date: November 14, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript LiqTech International Inc ( NASDAQ:LIQT ) has more systems in various phases of testing and pilot Show less Read more
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