US Lighting Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 15, 2023 at 01:55 pm EDT
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US Lighting Group, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 1.26 million compared to USD 0.049 million a year ago. Net loss was USD 0.045544 million compared to USD 0.4 million a year ago.
For the six months, sales was USD 2.47 million compared to USD 0.125 million a year ago. Net loss was USD 0.020775 million compared to USD 0.776 million a year ago.
US Lighting Group, Inc. is a composite technology provider. The Company develops its products in the recreational vehicles (RV), marine, and composite housing sectors. The Company has four subsidiaries that design and market various products, which include Cortes Campers, LLC (Cortes Campers), Futuro Houses, LLC (Futuro Houses), Fusion X Marine, LLC (Fusion X Marine), and MIG Marine Corporation (Mig Marine). Cortes Campers is a brand of molded fiberglass campers, and its lead product is the Cortes 17. Futuro Houses is focused on the design and sales of molded fiberglass homes. Fusion X Marine is a high-performance boat designer. MIG Marine is a composite manufacturing company that produces molded fiberglass products for its other business lines. The Company and its subsidiaries have manufacturing and research and development (R&D) facilities in Cleveland, Ohio. Cortes Campers is a designer and marketer of recreational vehicles.