CTI Industries Corp (CTIB) Reports Q2 EPS of $0.01
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CTI Industries Corporation Reports Substantial Increases in Earnings, Margins and EBITDA for the Second Quarter 2015
August 12, 2015 6:30 AM EDTLAKE BARRINGTON, IL -- (Marketwired) -- 08/12/15 -- CTI Industries Corporation (NASDAQ: CTIB), a manufacturer and marketer of flexible packaging and storage products, laminated films and novelty balloons, today announced its results of operations for the second quarter and first six months of 2015. Highlights include:
Net Income of $52,000 for the Second Quarter compared to a loss of $122,000 in the Second Quarter 2014. Net Income of $336,000 (Ten Cents per share) for the Six Months ended June 30, 2015 compared to a net loss of $77,000 for the same period of 2014. EBITDA up 62% for the Second Quarter, from... More