Ocean Bio-Chem (OBCI) Reports Q3 EPS of $0.17
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Ocean Bio-Chem, Inc. Reports Record Third Quarter Financial Results
November 14, 2016 8:15 AM ESTFORT LAUDERDALE, Fla., Nov. 14, 2016 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI) announced today its third quarter 2016 financial results.
For the three months ended September 30, 2016, net income was approximately $1.5 million, compared to approximately $296,000 for the third quarter of 2015, an increase of $1.2 million. Earnings per share for the third quarter of 2016 were $0.17, compared to $0.03 for the same period in 2015. The third quarter of 2016 net income and earnings per share amounts constitute quarterly records for the Company.
For the nine months ended September 30, 2016, net income was approximately $1.6 million, compared to $393,000 for the third... More
