CUI Global (CUI) Posts Surprise Q3 Profit

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CUI Global Reports Unaudited Third Quarter 2015 Financial Results

November 9, 2015 4:06 PM EST

TUALATIN, Ore., Nov. 9, 2015 /PRNewswire/ -- CUI Global, Inc. (NASDAQ: CUI), today reported their unaudited financial results for the three and nine months ended September 30, 2015.

Third Quarter and Year-to-Date 2015 Financial Performance Summary: (Comparisons to Prior-Year Periods)

Quarterly revenue increased 17% to $24.9 million versus $21.4 million. Year-to-date revenue increased 13% to $64.8 million from $57.5 million Quarterly gross profit margin was 38%, compared to 37%, while year-to-date gross profit margin was 37% compared to 40% Quarterly net loss of $(0.1) million or $(0.00) per share versus $(0.3) million or... More