Rand Logistics (RLOG) Tops Q2 EPS by 35c

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Rand Logistics, Inc. Reports Second Quarter Fiscal Year 2016 Financial Results

November 4, 2015 8:39 PM EST

Second quarter net income before tax increased 12.5%

Adjusted EBITDA of $16.1 million decreased by $1.3 million; increased by $0.3 million on a constant currency basis

Net cash generated in operating activities through six months equaled $12.2 million, an increase of $1.3 million or 11.9%

NEW YORK, Nov. 04, 2015 (GLOBE NEWSWIRE) -- Rand Logistics, Inc. (NASDAQ: RLOG) (Rand) today announced its financial results for the fiscal year 2016 second quarter ended September 30, 2015.

Quarter Ended September 30, 2015 versus... More