CTI Industries Corp (CTIB) Reports Q4 EPS of $0.24

CTI Industries Corp (NASDAQ: CTIB) reported Q4 EPS of $0.24, versus $0.15 reported last year. Revenue for the quarter came in at $21.44 million, versus $15.89 million reported last year.

Highlights of year-end and fourth quarter include:

• The Company had record sales both for the year and fourth quarter. For the year, net sales were $64,268,000 and for the fourth quarter net sales were $21,437,000, both the highest on record for those periods.
• Fourth quarter profits were the highest for any quarter in CTI\'s history, reaching $909,000 or Twenty-five cents per share.
• Income from operations for the year were $2,840,000.
• EBITDA reached $4.5 million for the year.

For earnings history and earnings-related data on CTI Industries Corp (CTIB) click here.

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