Quarta-Rad, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 14, 2019 at 04:54 pm EDT
Share
Quarta-Rad, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was USD 252,207 compared to USD 235,529 a year ago. Net income was USD 7,329 compared to net loss of USD 16,169 a year ago. For the half year, sales was USD 447,028 compared to USD 495,806 a year ago. Net loss was USD 44,223 compared to USD 69,813 a year ago.
Quarta-Rad, Inc. is a manufacturer and distributor of radioactivity detection equipment and air quality measurement instruments. Its products include a range of handheld radioactivity measurement devices, radon detection equipment and smartphone-based applications. It operates through two segments: Quarta-Rad and Sellavir. Its products include Radiation Detection Equipment, Radon Detection Equipment, EMI Detection Equipment, and Light and brightness Detection Equipment. Its Radiation Detection Equipment includes RADEX RD1503, RADEX RD1706, RADEX RD1008, RADEX RD1212, RADEX RD1212-BT and RADEX RD ONE. Its Radon Detection Equipment includes RADEX M107. Its EMI Detection Equipment includes RADEX EMI50. Its subsidiary includes Sellavir, Inc., an artificial intelligence (AI) company that leverages its knowledge in neural networks to provide customized AI and development services to its clients. Its services are focused on offering customized solutions for image processing.
QUARTA-RAD, INC. 