Liquidmetal Technologies Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2016
May 10, 2016 at 04:00 pm EDT
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Liquidmetal Technologies Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported total revenues of was $168,000 against $26,000 of prior year period. Operating loss was $2,566,000 against $2,327,000 of prior year period. Net loss and comprehensive loss attributable to the company was $9,176,000 or $0.02 basic and diluted loss per share against $2,478,000 or $0.01 basic and diluted loss per share 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. 
