Quarta-Rad, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 15, 2024 at 03:00 pm
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Quarta-Rad, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 0.022042 million compared to USD 0.198979 million a year ago. Revenue was USD 0.022042 million compared to USD 0.198979 million a year ago.
Net loss was USD 0.091651 million compared to net income of USD 0.033573 million a year ago. Basic loss per share from continuing operations was USD 0.01. Diluted loss 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. 
