RiceBran Technologies (RIBT) Tops Q1 EPS by 1c

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Go back to RiceBran Technologies (RIBT) Tops Q1 EPS by 1c

RiceBran Technologies Reports Financial Results for Q1 2016

May 16, 2016 4:17 PM EDT

SCOTTSDALE, Ariz., May 16, 2016 /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, announces financial results for Q1 2016.

Financial Highlights

Revenues: Consolidated revenues for Q1 2016 rise to $10.1 million compared to $9.7 million in the same quarter of the prior year. USA segment revenues increase by 53% compared to Q1 2015 and by 23% sequentially to reach a record $7.8 million. Brazil segment revenue declined from $4.6 million in Q1 2015 to $2.3 million in Q1 2016 due decreased... More