CTI Industries Corp (CTIB) Reports Q3 EPS of $0.06
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CTI Industries Corporation Reports Year to Date Profit Up Four Times Over 2014
November 11, 2015 7:30 AM ESTLAKE BARRINGTON, IL -- (Marketwired) -- 11/11/15 -- 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 third quarter 2015 and for the nine months ended September 30, 2015. Highlights include:
Net Income for the nine month period ended September 30, 2015 reached $546,000, or $0.17 per share, more than four times the net profit for the same period last year of $132,000 or $0.04 per share. EBITDA for the nine month period ended September 30, 2015 was $3,487,000, an increase of 33% over EBITDA for the... More