Home > News > Nanophase Technologies Corporation: Staying Small
July 16th, 2007
Nanophase Technologies Corporation: Staying Small
Abstract:
Analysts consider Nanophase's technology to be impressive even among nanotech companies. It has patents not just for the particles it produces, but for special processes such as coating the surfaces of the particles to make them stable in a wide variety of fluids, resins and polymers, prolonging their shelf-life. It can disperse its particles evenly in solution and keep them from sticking together for about 18 months before being used.
The question, however, is if these products can turn a profit - something that has eluded Nanophase and other nanotechnology companies for years. For the quarter ended March 31, its revenues were $2.9 million, up from $2.0 million a year earlier, with a net loss of $1.2 million, compared with a $1.5 million net loss a year ago. Its gross profit was $713,162, compared with $337,817 a year ago.
Source:
seekingalpha.com
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