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CUI Global Reports First Quarter 2016 Financial Results

May 9, 2016 5:15 PM EDT

TUALATIN, Ore., May 9, 2016 /PRNewswire/ -- CUI Global, Inc. (NASDAQ: CUI), today reported their unaudited financial results for the first quarter ended March 31, 2016.

First Quarter 2016 Financial Performance Summary: (Comparisons to first quarter 2015)

Revenue was $20.7 million, a 24% increase year over year Gross Profit margin was 39%, as compared to 37% Consolidated net loss of $(2.7) million or $(0.13) per share versus $(4.1) million or $(0.20) per... More