RiceBran Technologies (RIBT) Misses Q2 EPS by 17c

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RiceBran Technologies Reports Financial Results for Q2 2015

August 13, 2015 4:05 PM EDT

SCOTTSDALE, Ariz., Aug. 13, 2015 /PRNewswire/ -- RiceBran Technologies (NASDAQ: RIBT and RIBTW) (the "Company" or "RBT"), a global leader in the production and marketing of value added products derived from rice bran, announced today the Company's financial results for the second quarter ended June 30, 2015.

Financial Highlights

Company achieves positive consolidated Adjusted EBITDA in Q2 2015

Q2 2015 consolidated revenues reach $11.4 million up 18% sequentially from Q1 and up modestly compared to $11.3 million in Q2 2014

Q2 2015 USA segment revenues rise to a record $6.9 million with gross profit percentage rising 8.5 points to 32.7%

Q2... More