Quarta-Rad, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 11:01 am EDT
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Quarta-Rad, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 361,173 compared to USD 231,991 a year ago. Operating income was USD 56,298 compared to USD 4,632 a year ago. Net income was USD 41,077 compared to USD 4,632 a year ago. For the half year, total revenue was USD 695,852 compared to USD 412,588 a year ago. Operating income was USD 119,215 compared to USD 1,140 a year ago. Net income was USD 93,526 compared to USD 1,140 a year ago. Basic earnings per share from continuing operations was USD 0.01.
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. 
