DULUTH, Minn., Nov. 03, 2017 (GLOBE NEWSWIRE) — IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, reported 2017 third quarter results. Compared to the third quarter of 2016, sales declined by 14% to $3,984,000. The company posted a net loss of $111,000, or $0.06 per diluted share, for the 2017 third quarter compared to net…
IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, announced that it has received a $258,000 purchase order for SubTHAT!™, a new internally developed product for the dye sublimation market. Bill Ulland, IKONICS CEO, said, “Dye sublimation is an exciting new market for us, and we are entering it with a unique patent pending technology that…
DULUTH, Minn., Aug. 03, 2017 (GLOBE NEWSWIRE) — IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, announced a 12% increase in sales for the second quarter of 2017 coupled with a loss of $0.05 per diluted share for the period as compared to earnings of $0.02 per diluted share for the second quarter of 2016….
DULUTH, MN – IKONICS Corporation (NASDAQ:IKNX), a Duluth based imaging technology company, today announced that its Board of Directors declared a one-time special cash dividend of $1.00 per share, payable on December 31, 2012 to shareholders of record at the close of business on December 20, 2012. The total amount of the one-time dividend will…
DULUTH, Minn., Nov. 03, 2016 (GLOBE NEWSWIRE) — IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, announced third quarter earnings of $82,000, or $0.04 per diluted share, as compared to $0.06 per diluted share for the third quarter of 2015. Sales for the third quarter of 2016 were essentially flat compared to the same period…
DULUTH, Minn., March 07, 2017 (GLOBE NEWSWIRE) — IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, today announced that its Board of Directors has appointed Ken Hegman as Chief Operating Officer. Hegman previously held the position of Vice President of Sales, North America. “There is no better person to lead IKONICS’ operations than Ken Hegman,”…
DULUTH, Minn., Feb. 27, 2017 (GLOBE NEWSWIRE) — IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company announced 2016 financial results. IKONICS CEO Bill Ulland said: “This has been a year of contrasts for IKONICS. Sales of Advanced Material Solutions (AMS), our aerospace business, grew 66% over 2015. Most of these sales were to one customer,…
DULUTH, Minn., Oct. 14, 2016 (GLOBE NEWSWIRE) — IKONICS Corporation (NASDAQ:IKNX), a Duluth-based technology company, is pleased to announce Alpha FlexTrace™ won Product of the Year at the 2016 Specialty Printing & Imaging Technology Expo (SGIA) in Las Vegas, Nevada. Alpha FlexTrace, sold through IKONICS Chromaline Screen Print Products division, is a flexible, printed circuit…
DULUTH, Minn., Sept. 20, 2016 (GLOBE NEWSWIRE) — IKONICS Corporation (Nasdaq:IKNX), a Duluth-based imaging technology company, announced its Phase II ribbon cutting scheduled for Thursday, September 22 at 3:00 pm on the site of the company’s 11 acre property in Morgan Park. The new, 27,300 square-foot structure contains a 20,500 square-foot production floor that houses…
DULUTH, Minn., June 30, 2016 (GLOBE NEWSWIRE) — IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, announced today that IKONICS Precision Abrasive Machining capabilities align with NASA test results to reduce aerodynamic drag on acoustic jet engine liners. IKONICS Corporation’s unique precision manufacturing technology is suited to implement a new technique researched by the National…