CUI Global (CUI) Reports Q2 Loss Per Share of 7c
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CUI Global, Inc. Reports Unaudited Second Quarter 2016 Financial Results
August 8, 2016 4:06 PM EDTTUALATIN, Ore., Aug. 8, 2016 /PRNewswire/ -- CUI Global, Inc. (NASDAQ: CUI), today reported its unaudited financial results for the three and six months ended June 30, 2016.
Second Quarter and Year-to-Date 2016 Financial Performance Summary: (Comparisons to Prior Year Periods)
Quarterly revenue increased 1% to $23.1 million versus $22.9 million. Year-to-date revenue increased 11% to $43.8 million from $39.5 million Quarterly gross profit margin was 40%, as compared to 36%, while year-to-date gross profit margin was 39% as compared to 37% Quarterly consolidated net loss of $(1.5) million or $(0.07) per share versus... More