DULUTH, Minn., Feb. 20, 2020 (GLOBE NEWSWIRE) — IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, announced 2019 and fourth quarter financial results. IKONICS had 2019 revenue of $17,619,000, down 3.3% from the prior year. Earnings fell from $139,000, or $0.07 per diluted share in 2018 to a loss of $814,000, or $0.41 per diluted…
DULUTH, Minn., Jan. 27, 2020 (GLOBE NEWSWIRE) — IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, introduced Hydrokon™ Water Transfer Film, an internally developed and manufactured product for the hydrographics printing market. Hydrographics printing, or hydro dipping as it is commonly referred, is a unique water transfer printing process that can be applied to many…
DULUTH, MN – IKONICS Corporation (the “Company”) (Nasdaq: IKNX) announced today that William C. Ulland, President, Chief Executive Officer and Chairman of the Board of Directors (the “Board”) of the Company, will retire as President and Chief Executive Officer effective February 10, 2020, and that the Board has elected Glenn Sandgren, to succeed him. Mr….
DULUTH, Minn., Oct. 31, 2019 (GLOBE NEWSWIRE) — IKONICS Corporation (Nasdaq: IKNX), a Duluth-based imaging technology company, reported results for the third quarter of 2019. Third quarter 2019 sales were $4,530,000, 3% below the record third quarter of 2018. The net loss for the third quarter of 2019 was $163,000, or $0.08 per diluted share,…
DULUTH, Minn., Aug. 02, 2019 (GLOBE NEWSWIRE) — IKONICS Corporation (Nasdaq:IKNX), a Duluth-based imaging technology company, announced 2019 second quarter sales of $4,600,000, down 1%, compared with the second quarter of 2018. Second quarter earnings fell from $145,000, or $0.07 per diluted share, in 2018 to a loss of $116,000, or $0.06, per diluted share…
DULUTH, Minn., April 25, 2019 (GLOBE NEWSWIRE) — IKONICS Corporation (Nasdaq:IKNX), a Duluth-based imaging technology company, reported that 2019 first quarter sales declined by 13% to $3,529,000. The company posted a loss of $0.23 cents per diluted share for the quarter compared to a loss of $0.07 per diluted share for the first quarter of…
DULUTH, MN – IKONICS Corporation (Nasdaq: IKNX) announced that William C. Ulland, President, Chief Executive Officer and Chairman of the Board of Directors (the “Board”), notified the Board of his intention to retire from his positions as President and Chief Executive Officer of IKONICS Corporation (the “Company”) at the end of the current year, provided…
DULUTH, Minn., Feb. 21, 2019 (GLOBE NEWSWIRE) — IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, announced 2018 and fourth quarter financial results. The year 2018 marked a return to growth and profitability for IKONICS. Sales in 2018 grew by 6% over the prior year to $18.2 million, earning $0.07 per diluted share compared to…
DULUTH, Minn., Nov. 01, 2018 (GLOBE NEWSWIRE) — IKONICS Corporation (Nasdaq:IKNX), a Duluth-based imaging technology company, reported continued revenue growth with record third quarter sales, up 17% over the third quarter of 2017, as each business unit posted strong gains for the quarter. For the third quarter of 2018, IKONICS realized a loss of $0.01…
DULUTH, Minn., Aug. 02, 2018 (GLOBE NEWSWIRE) — IKONICS Corporation (Nasdaq:IKNX), a Duluth-based imaging technology company, reported a sharp improvement in earnings for the second quarter of 2018. The Company reported earnings of $145,000, or $0.07 per diluted share as compared to a loss of $0.05 per diluted share for second quarter of 2017. Bill…