China Green Agriculture (CGA) Reports Q3 EPS of $0.29; Guides Q4, Updates FY15 Outlook

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Go back to China Green Agriculture (CGA) Reports Q3 EPS of $0.29; Guides Q4, Updates FY15 Outlook

China Green Agriculture, Inc. Reports the Financial Results for the Third Quarter of Fiscal Year 2015

May 11, 2015 6:39 AM EDT

XI'AN, China, May 11, 2015 /PRNewswire/ --         

Third Quarter of FY 2015 net sales increased 13.1% to $79.5 million; net income increased 37.6% to $9.9 million with EPS of $0.29. The Company Provided Fourth Quarter of Fiscal Year 2015 Guidance Range: Revenue, Net Income and EPS of between $70 million and $84 million, $6 million and $8 million, and $0.17 and $ 0.22 based on 35.6 million fully diluted shares, respectively. The Company Updated Guidance Range of Fiscal Year 2015 as the following: Revenue, Net Income and EPS of between $255 million and $269 million, $29 million and $31 million, and $0.81 and $0.87 based on 35.6 million fully diluted shares, respectively.

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