Liquidmetal Technologies, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 16, 2019 at 05:20 pm EDT
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Liquidmetal Technologies, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was USD 132,000 compared to USD 55,000 a year ago. Operating loss was USD 3.333 million compared to USD 2.177 million a year ago. Net loss was USD 3.223 million compared to USD 2.142 million a year ago. For the half year, total revenue was USD 355,000 compared to USD 135,000 a year ago. Operating loss was USD 5.211 million compared to USD 4.373 million a year ago. Net loss was USD 4.991 million compared to USD 4.305 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to Basic EPS - Continuing Operations of USD 0 a year ago.
Liquidmetal Technologies, Inc. is a materials technology company that develops and commercializes products made from amorphous alloys. The Company's Liquidmetal family of alloys consists of a variety of bulk alloys and composites that utilize the advantages offered by amorphous alloy technology. The Company designs, develops, and sells custom products and parts from bulk amorphous alloys to customers in various industries. The Company also partners with third-party manufacturers and licensees to develop and commercialize Liquidmetal alloy products. The Company is engaged in product development efforts relating to various medical devices and automotive components that could be made from bulk Liquidmetal alloys. The Company work with partners to design, develop, and supply components for non-consumer electronic devices utilizing its bulk Liquidmetal alloys. The Company is developing a variety of applications for Liquidmetal alloys in the sporting goods and leisure products area.
LIQUIDMETAL TECHNOLOGIES, INC. 
