BioHiTech Global Reports Third Quarter 2020 Financial Results

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Go back to BioHiTech Global Reports Third Quarter 2020 Financial Results

BioHiTech Global (BHTG) Misses Q3 EPS by 3c, Revenues Miss

November 19, 2020 4:30 PM EST

BioHiTech Global (NASDAQ: BHTG) reported Q3 EPS of ($0.16), $0.03 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $742 thousand versus the consensus estimate of $1.51 million.

Third Quarter Highlights:

Announced that Carnival Corp., the world's largest cruise company, reinitiated its installation program of the BioHiTech's Revolution Series Digesters aboard its ships in preparation for the eventual resumption of cruisingAnnounced a total of $1.4 million in new food waste digester purchase orders for its Revolution Series Digesters from Carnival Corp. as part of its previously announced purchase contract between... More