Inventure Foods (SNAK) Tops Q1 EPS by 1c

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Inventure Foods Reports First Quarter 2016 Financial Results

April 28, 2016 7:01 AM EDT

PHOENIX, April 28, 2016 (GLOBE NEWSWIRE) -- Inventure Foods, Inc. (NASDAQ: SNAK) (Inventure Foods or the Company), a leading specialty food marketer and manufacturer, today reported financial results for the first quarter ended March 26, 2016.

First Quarter 2016 Highlights:

Net loss was $(1.0) million, or $(0.05) per shareEBITDA* was $2.5 millionConsolidated net revenues decreased 10.0% to $69.9 millionBoulder Canyon net revenues increased 4.8%Rader Farms branded net revenues increased 104.6%Jamba net revenues increased 2.3%Private label fruit revenues increased 32.6%

(All comparisons above are to... More