Quarta-Rad, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 18, 2021 at 11:15 am
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Quarta-Rad, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was USD 334,679 compared to USD 180,597 a year ago. Operating income was USD 62,917 compared to operating loss of USD 3,492 a year ago. Net income was USD 52,449 compared to net loss of USD 3,492 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. 
