RiceBran Technologies (RIBT) Misses Q2 EPS by 4c, Revenues Miss

Go back to RiceBran Technologies (RIBT) Misses Q2 EPS by 4c, Revenues Miss

RiceBran Technologies Reports 2Q 2020 Financial Results and Provides Business Updates

August 12, 2020 4:14 PM EDT

THE WOODLANDS, Texas, Aug. 12, 2020 /PRNewswire/ -- RiceBran Technologies (Nasdaq: RIBT), a global leader in the production and marketing of value-added products derived from rice bran and a producer of rice, rice co-products, and barley and oat products, announced financial results today for the quarter ended June 30, 2020.

"The surge in demand for rice driven by COVID-19 that we saw at the end of the first quarter extended into the second quarter depleting rough rice supply and rapidly escalating prices. As a result of diminishing rice supply, production at Golden... More