Glori Energy (GLRI) Misses Q2 EPS by 7c

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Baird Cuts Price Target on Glori Energy (GLRI) Following In-Line 2Q

August 10, 2015 7:34 AM EDT

Baird reiterated an Outperform rating on Glori Energy (NASDAQ: GLRI), and cut the price target to $6.00 (from $8.00), following its 2Q earnings release. Total revenue was $2.6M in-line with consensus estimates. Non-GAAP EPS was also in-line with consensus at ($0.10).

Analyst Ben Kallo... More