MGP Ingredients (MGPI) Reports Q4 EPS of $0.38
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall St tumbles on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
MGP Ingredients Reports Strong Fourth Quarter and Full Year 2015 Results
March 10, 2016 7:30 AM ESTATCHISON, Kan., March 10, 2016 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today reported results for the fourth quarter and full year periods ended December 31, 2015.
2015 full year highlights
Net sales increased 4.5% to $327.6 million.Gross profit increased 105.9% to $58.5 million.Gross margin improved 8.8 percentage points to 17.9%. Operating income increased 97.7% to $32.9 million. 2014 operating income of $16.6 million included an $8.3 million insurance settlement gain.Net income increased 10.6% to $26.2 million.... More