DULUTH, Minn., April 30, 2020 (GLOBE NEWSWIRE) — IKONICS Corporation (the “Company”) (Nasdaq:IKNX), a Duluth-based imaging technology company, announced first quarter 2020 earnings. Revenue was $3,497,000 compared to $3,529,000 in 2019, a decline of 1%. IKONICS posted a first quarter loss of $587,000, or $0.30 per diluted share, in 2020 compared to a loss of…
DULUTH, Minn., April 23, 2020 (GLOBE NEWSWIRE) — IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, announced it has expanded its lineup of advanced imaging stencil films with the addition of IKONART® Textile Film. Sold under the IKONART brand, IKONART Textile Film offers similarities to IKONART Stencil Film with a stickier and slightly more rigid…
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., 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., April 26, 2018 (GLOBE NEWSWIRE) — IKONICS Corporation (Nasdaq:IKNX), a Duluth-based imaging technology company, reported its second consecutive quarter of increased revenue versus the comparable prior year period. The first quarter of 2018 showed a 12% increase in revenue from the same period in 2017, and followed record quarterly revenue in the fourth…
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., Feb. 18, 2016 (GLOBE NEWSWIRE) — IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, reported record sales of $4,768,000 for the fourth quarter of 2015 on strong sales from Advanced Material Solutions (AMS), IKONICS’ aerospace and electronics division. The Company reported earnings of $0.11 per diluted share for the quarter compared to $0.05…