Lifeloc Technologies, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 05, 2021 at 09:21 am
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Lifeloc Technologies, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 1.729 million compared to USD 1.320 million a year ago. Operating loss was USD 132,247 compared to USD 453,237 a year ago. Net loss was USD 109,712 compared to USD 349,592 a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.14 a year ago. For the half year, total revenue was USD 3.539 million compared to USD 3.338 million a year ago. Operating loss was USD 196,180 compared to USD 655,509 a year ago. Net income was USD 293,759 compared to net loss of USD 514,898 a year ago. Basic earnings per share from continuing operations was USD 0.12 compared to basic loss per share from continuing operations of USD 0.21 a year ago.
Lifeloc Technologies, Inc. is a manufacturer of evidential breath alcohol testers and related training and supplies for workplace, law enforcement, corrections, and international customers. The Company designs, produces and sells fuel-cell based breath alcohol testing equipment. It operates through two segments: Products and Rentals. The Products segment is engaged in the sale of physical products, including portable hand-held breathalyzers and related accessories, supplies, education, training, and royalties from development contracts with original equipment manufacturers (OEMs). The Rentals segment is engaged in the rental of a portion of its building. In addition, the Company offers a line of supplies, accessories, services, and training to support customers alcohol testing programs. It sells globally through distributors as well as directly to users. It sells certain of its components to customers for incorporation into their own product lines and for resale under their own name.
LIFELOC TECHNOLOGIES, INC. 
