CTI Industries Corp (CTIB) Reports Q4 EPS of $0.24

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CTI Industries Corporation Reports Results for Full Year and Fourth Quarter 2016

March 28, 2017 8:00 AM EDT

BARRINGTON, Ill., March 28, 2017 /PRNewswire/ -- CTI Industries Corporation (NASDAQ: CTIB), a manufacturer and marketer of novelty balloons, vacuum and flexible packaging and storage products and printed and laminated films, today announced its full-year results of operations for 2016, as well as for the three months ended December 31, 2016.

Highlights of year-end and fourth quarter include:

The Company had record sales both for the year and fourth quarter.  For the year, net sales were $64,268,000 and for the fourth... More