Swisher Hygiene (SWSH) Misses Q1 EPS by 5c

Swisher Hygiene (NASDAQ: SWSH) reported Q1 EPS of ($0.50), $0.05 worse than the analyst estimate of ($0.45). Revenue for the quarter came in at $43.8 million versus the consensus estimate of $46.9 million.

Adjusted EBITDA loss for the three months ended March 31, 2015 was $3.4 million, compared to an Adjusted EBITDA loss of $5.2 million in the three months ended March 31, 2014.

Cash and Capital Resources

As of March 31, 2015, Swisher had $3.8 million of unrestricted cash and cash equivalents on its balance sheet and $6.9 million in outstanding debt, as well as $5.0 million in availability under its revolving credit facility. Swisher repaid $1.0 million of outstanding debt during the first quarter of 2015.

For earnings history and earnings-related data on Swisher Hygiene (SWSH) click here.

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