Liquidmetal Technologies, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 04:54 pm EST
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Liquidmetal Technologies, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was USD 421,000 compared to USD 253,000 a year ago. Operating loss was USD 1.520 million compared to USD 2.613 million a year ago. Net loss was USD 1.395 million compared to USD 2.523 million a year ago. For the nine months, total revenue was USD 776,000 compared to USD 388,000 a year ago. Operating loss was USD 6.731 million compared to USD 6.986 million a year ago. Net loss was USD 6.386 million compared to USD 6.828 million a year ago. Basic loss per share was USD 0.01 compared to 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. 
