RiceBran Technologies (RIBT) Tops Q3 EPS by 3c

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Go back to RiceBran Technologies (RIBT) Tops Q3 EPS by 3c

RiceBran Technologies Reports Financial Results for Q3 2015

November 12, 2015 4:00 PM EST

SCOTTSDALE, Ariz., Nov. 12, 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 third quarter ended September 30, 2015.

Financial Highlights

Q3 2015 consolidated gross profit margins improve 13.8 percentage points to 23.1% compared to 9.3% in Q3 2014

Brazil Segment achieves Adjusted EBITDA of $205,000 in Q3 2015, a $1.7 million improvement compared to Q3 2014

Q3 2015 consolidated revenues totaled US $8.9 million, a decline of 14% compared to $10.4 million in Q3 2014, due principally to a $2.1... More