US Nuclear Announces Revenue Is Up 80% Over Past 2 Years
Los Angeles, CA. October 29, 2018 – US Nuclear Corp. (OTCBB: UCLE) recently reported strong worldwide revenue growth of 80% from 2016 based on the 2018 YTD sales rate. One main factor driving the growth in revenue is a targeted sales effort of US Nuclear’s unique signature products. These products include drinking water monitors, nuclear power plant air and stack monitors, USN/FlyCAM UAV DroneRADs, personnel and vehicle monitors, and tritium monitors.
US Nuclear Corp’s annual sales revenue for 2016 was $2,097,157 which rose to $3,070,646 for 2017. The current 2018 YTD revenue for the first 3 quarters is $2,706,785, signifying a 2018 YTD sales rate of $3,600,000/year, an increase of 80% from 2016. Additionally, US Nuclear currently has a comfortable order backlog of $1,393,167.
Robert Goldstein, CEO of US Nuclear Corp, commented, “Looking forward, we are very optimistic. We have focused our sales efforts on our signature product lines, which have been gaining momentum among our sales representatives and customers as they migrate to US Nuclear’s brand due to our superior reliability, performance, and innovative functionality and capabilities not found anywhere else.”
Safe Harbor Act
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.
Investors may find additional information by visiting US Nuclear Corp. and the SEC website.
CONTACT:
US Nuclear Corp. (OTCBB: UCLE)
Robert I. Goldstein, President, CEO, and Chairman
Ph: (818) 883 7043 | Email: [email protected]
http://www.usnuclearcorp.com