BioHiTech Global Reports Third Quarter 2020 Financial Results

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