Quarta-Rad, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 14, 2020 at 11:01 pm IST
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Quarta-Rad, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was USD 231,991 compared to USD 252,207 a year ago. Net income was USD 4,632 compared to USD 7,329 a year ago. For the half year, sales was USD 412,588 compared to USD 447,028 a year ago. Net income was USD 1,140 compared to net loss of USD 44,223 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. 
