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Last $1.06 USD
Change Today -0.04 / -3.64%
Volume 18.9K
SWSH On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

swisher hygiene inc (SWSH) Key Developments

Swisher Hygiene Inc. Appoints Grant Thornton LLP as Independent Registered Public Accounting Firm Replacing BDO USA, LLP

On May 15, 2015, the Audit Committee of the Board of Directors of Swisher Hygiene Inc. approved the dismissal of BDO USA, LLP as the company's independent registered public accounting firm, effective May 18, 2015. On May 15, 2015, the company's Audit Committee also approved the engagement of Grant Thornton LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2015. The engagement of Grant Thornton is effective May 19, 2015.

Swisher Hygiene Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Swisher Hygiene Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. Adjusted EBITDA loss of $3.4 million for the first quarter of 2015, based on a net loss from continuing operations of $8.8 million, as compared to an adjusted EBITDA loss of $5.2 million for the first quarter of 2014, based on a net loss from continuing operations of $13.8 million. Basic and diluted loss per share improved to $0.50 for the first quarter of 2015, compared to basic and diluted loss per share of $0.78 in the first quarter of 2014. Total revenue was $43.8 million, a 9.2% decrease from $48.3 million in the three months ended March 31, 2014. Net loss for the three months ended March 31, 2015 was $8.8 million, compared to net loss of $13.8 million in the three months ended March 31, 2014. Loss from operations was $8,917,000 compared to $13,038,000 a year ago. Net loss before income taxes was $8,803,000 compared to $13,755,000 a year ago. During the first quarter of 2015, the company spent $1.7 million on property and equipment purchases, the majority of which were related to dish machines and chemical dispensers placed at customer locations.

Swisher Hygiene Inc., Q1 2015 Earnings Call, May 12, 2015

Swisher Hygiene Inc., Q1 2015 Earnings Call, May 12, 2015

Swisher Hygiene Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Capital Expenditure Guidance for 2015

Swisher Hygiene Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported total revenue of $45,857,000 against $50,364,000 a year ago. Loss from continuing operations was $9,877,000 or $0.56 per basic and diluted share against $108,496,000 or $5.94 per basic and diluted share a year ago. Net loss from continuing operations before income taxes was $10,103,000 against $109,136,000 a year ago. Net loss from continuing operations was $10,092,000 against $105,215,000 a year ago. Net loss was $10,092,000 against $107,024,000 a year ago. Adjusted EBITDA loss was $3,340,000 against $6,902,000 a year ago. For the year, the company reported total revenue of $193,757,000 against $213,688,000 a year ago. Loss from continuing operations was $45,234,000 or $2.64 per basic and diluted share against $152,473,000 or $8.55 per basic and diluted share a year ago. Net loss from continuing operations before income taxes was $46,897,000 against $153,127,000 a year ago. Net loss from continuing operations was $46,808,000 against $150,532,000 a year ago. Net loss was $46,808,000 against $153,049,000 a year ago. Adjusted EBITDA loss was $12,861,000 compared to $21,630,000 a year ago. For 2014, the company spent $8.6 million on property and equipment purchases, the majority of which was related to dish machines and chemical dispensers placed at customer locations, plus the cost associated with the consolidation of one of the chemical manufacturing facilities. The company expects to spend less on property and equipment purchases in 2015 than the company spent in 2014.

Swisher Hygiene Inc., Q4 2014 Earnings Call, Apr 01, 2015

Swisher Hygiene Inc., Q4 2014 Earnings Call, Apr 01, 2015

 

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