STR Holdings (STRI) Misses Q2 EPS by 6c
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STR Holdings, Inc. Reports Second Quarter 2015 Results
August 13, 2015 8:30 AM EDTENFIELD, Conn., Aug. 13, 2015 (GLOBE NEWSWIRE) -- STR Holdings, Inc. (NYSE: STRI) today announced its financial results for the second quarter ended June 30, 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.
Second Quarter 2015 Summary:
Net sales of $8.5 million Diluted GAAP loss per share from continuing operations of $(0.18); Diluted non-GAAP loss per share from continuing operations of $(0.18) Adjusted EBITDA of $(2.5) million Finished the quarter with $10.4... MoreSTR Holdings Receives Noncompliance Notice From NYSE for $1.00 Stock Price Rule
August 12, 2015 4:05 PM EDTENFIELD, Conn., Aug. 12, 2015 (GLOBE NEWSWIRE) -- STR Holdings, Inc. (NYSE: STRI) ("STR" or the "Company") today announced that it received notice from the New York Stock Exchange ("NYSE") that the Company has become non-compliant with a continued listing standard that requires its stock price to remain at or above $1.00 per share.
The average closing price of the Company's common stock over the 30 trading day period ended August 5, 2015 was less than $1.00 per share, as required by NYSE rules. To regain compliance with NYSE rules, the share price and average share price must... More
