DULUTH, MN – IKONICS Corporation (NASDAQ:IKNX), a Duluth-based technology company, announced today third quarter net earnings of $139,000, or $0.07 per diluted share, a 20% increase compared to the third quarter of 2013, and record third quarter sales of $4,478,000, a 6% increase over the comparable quarter of 2013 due to stronger sales from the…
IKONICS Corporation (NASDAQ: IKNX), a Duluth-based imaging technology company, announced today that its board of directors has approved a capital expenditure of $570,000 for automated equipment to increase its composite machining capabilities for the aerospace industry. The company is also evaluating an expansion to a new site to service this growing business. Bill Ulland, Ikonics…
DULUTH, MN – IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, announced record first quarter sales in 2014 of $4,465,000, 11% higher than last year’s first quarter sales of $4,022,000. The company also posted first quarter earnings of $205,000, or $0.10 per diluted share, in the first quarter of 2014, compared with a loss of…
DULUTH, MN – IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, announced its IKONICS Imaging division recently introduced the CrystalBlast Summit, featuring Patent Pending CleanFlo Tapeless Technology, which translates to zero use of masking tape, an attractive feature in the area of sandcarving. According to Peter Norman, IKONICS Imaging’s Corporate Sales Manager, “the introduction of…
DULUTH, MN – IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, announced a Distribution Agreement with JDS Industries, the leading product supplier to the awards and recognition industry. With fourteen distribution centers throughout the United States and a decades-long reputation for consistent delivery, exceptional customer service and a diverse product offering, JDS is uniquely positioned…
IKONICS Corporation (NASDAQ: IKNX), a Duluth-based imaging technology company, announced today 2013 sales of $17,491,000, a 1% increase over 2012 sales, while earnings fell by 2% to $682,000, or $0.34 per diluted share, compared to 2012. Fourth quarter earnings of $.0.18 per diluted share accounted for over half of 2013 earnings. The Company also announced…