Ocean Bio-Chem (OBCI) Reports Q4 EPS of $0.06
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Ocean Bio-Chem, Inc. Reports Record Fourth Quarter and Full Year 2014 Net Income
March 31, 2015 7:30 AM EDTFORT LAUDERDALE, Fla., March 31, 2015 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI) reported record net income in the fourth quarter of 2014 of approximately $511,000, compared to net income of approximately $318,000 in the fourth quarter of 2013, an increase of 61% or $193,000. Basic and diluted earnings per share in the fourth quarter of 2014 were $0.06, compared to basic and diluted earnings per share of $0.04 for the comparative 2013 period. The Company also reported record fourth quarter net sales of approximately $8.8 million, compared to approximately $7.8 million for the fourth quarter of 2013, an increase of approximately 13%.
For the year ended December 31, 2014,... More
