earnings
confidence high
sentiment positive
materiality 0.70
Lifeloc reports Q3 revenue up 21% YoY; net income of $0.21/share vs loss year ago
Lifeloc Technologies, Inc
2021-Q3 EPS reported
$0.33
revenue$5,426,667
- Q3 2021 net revenue $1.887M (+21% YoY); net income $523k ($0.21 diluted EPS) vs loss of $0.09/share in Q3 2020.
- Nine-month 2021 revenue $5.427M; net income $816k ($0.33 diluted EPS) vs loss $0.30/share prior year.
- Results include $471k PPP loan forgiveness in Q3; total $936k for nine months.
- Refinanced building mortgage from 4.00% to 2.95% fixed rate through Sept 2031.
- New L-series devices (LX9, LT7) driving demand; R.A.D.A.R. 200 field testing; SpinDx breathalyzer expected revenue by late 2022.