Liquidmetal Technologies, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 04, 2020 at 04:18 pm EDT
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Liquidmetal Technologies, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was USD 33,000 compared to USD 132,000 a year ago. Operating loss was USD 884,000 compared to USD 3.333 million a year ago. Net loss was USD 643,000 compared to USD 3.223 million a year ago. For the half year, total revenue was USD 104,000 compared to USD 355,000 a year ago. Operating loss was USD 1.845 million compared to USD 5.211 million a year ago. Net loss was USD 1.389 million compared to USD 4.991 million a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.01 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. 
