Ocean Bio-Chem (OBCI) Reports Q3 EPS of $0.03

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Ocean Bio-Chem, Inc. Reports Third Quarter 2015 Financial Results

November 13, 2015 9:15 AM EST

FORT LAUDERDALE, Fla., Nov. 13, 2015 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI) announced today its financial results for the three and nine months ended September 30, 2015, including record net sales.

The Company reported record net sales for the third quarter and nine months ended September 30, 2015.  For the third quarter sales were $10.8 million dollars compared to $10.4 million dollars for the comparative third quarter of 2014.  For the nine month period of 2015 sales were $25.6 million dollars compared to $25.2 million for the same period in 2014. 

For the three months ended September 30, 2015, net income was $296,000... More