STR Holdings (STRI) Tops Q1 EPS by 1c

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STR Holdings, Inc. Reports First Quarter 2015 Results

May 12, 2015 8:31 AM EDT

ENFIELD, Conn., May 12, 2015 (GLOBE NEWSWIRE) -- STR Holdings, Inc. (NYSE: STRI) today announced its financial results for the first quarter ended March 31, 2015.

Advisory Note

All prior year share amounts and per share amounts below have been adjusted to reflect the one-for-three reverse stock split effected January 30, 2015.

First Quarter 2015 Summary:

Finalized one-for-three stock split effective January 30, 2015 Net sales of $6.9 million Diluted GAAP loss per share from continuing operations of $(0.14); Diluted non-GAAP loss per share from continuing operations of $(0.13) Adjusted EBITDA of $(1.8) million... More