CTI Industries Corp (CTIB) Reports Q1 EPS of $0.02

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Go back to CTI Industries Corp (CTIB) Reports Q1 EPS of $0.02

CTI Industries Corporation Reports First Quarter 2017 Results

May 15, 2017 8:00 AM EDT

LAKE BARRINGTON, Ill, May 15, 2017 /PRNewswire/ -- CTI Industries Corporation (NASDAQ: CTIB), a manufacturer and marketer of foil and latex balloons, vacuum storage products, laminated films and home organizing products, today announced its results of operations for the first quarter of 2017.

For the first quarter of 2017, net sales increased to $15,360,000 compared to net sales of $15,205,000 for the first quarter of 2016.  Significant items relating to sales include:

Sales of foil balloons increased by 10.9% in the quarter from... More