Quarta-Rad, Inc. Reports Earnings Results for the Full Year Ended December 31, 2018
April 15, 2019 at 11:11 am
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Quarta-Rad, Inc. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was USD 908,355 compared to USD 1.210 million a year ago. Net loss was USD 98,055 compared to net income of USD 87,125 a year ago. Basic loss per share was USD 0.01 compared to basic earnings per share of USD 0.01 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. 
