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Volume 6.6K
As of 8:10 PM 01/26/15 All times are local (Market data is delayed by at least 15 minutes).

nutroganics inc (NUTT) Snapshot

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01/27/14 - $0.40
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nutroganics inc (NUTT) Details

Nutroganics, Inc. focuses on acquiring and operating revenue-generating businesses in the healthy lifestyle space, primarily the nutritional supplement, and natural and organic food industries. The company, through its subsidiary, Silverbow Honey Company, produces, packages, and sells honey products. It sells its products to food manufacturers and national grocery chains under the Silverbow brand and private label brands. Nutroganics, Inc. is based in Bethesda, Maryland.

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nutroganics inc (NUTT) Key Developments

Nutroganics, Inc. Revises Revenue Guidance for the Year 2015

Nutroganics, Inc. revised revenue guidance for the year 2015. The company now expects 2015 revenue to exceed $11.3 million, up from prior guidance of $11.0 million.

Nutroganics Provides Revenue Guidance for the Fourth Quarter and Second Half of 2014; Raises Revenue Guidance for 2015

Nutroganics announced that it expected its revenue will exceed $2.4 million for the fourth quarter and $4.7 million for the second half of 2014. Based on current favorable trends, the company is also raising its revenue guidance for 2015 from $10.2 million to $11.0 million including at least $5.0 million in the first half of 2015 and $6.0 million in the second half of 2015. The company reiterates its guidance that it believes it will become net income positive by February 2015.

Nutroganics, Inc. Announces Consolidated Earnings Results for the Third Quarter Ended September 30, 2014; Provides Earnings Guidance for the Year 2015

Nutroganics, Inc. announced consolidated earnings results for its third quarter ended September 30, 2014. For the quarter, revenue of $2.34 million, up approximately 20% from the company's second quarter revenue. EBITDA was $13,010 or +0.56% of revenue. The company provided earnings guidance for the year 2015. For the year, it is raising its revenue guidance to $10.2 million from $10.0 million and reiterates its prior forecast of positive net income by February 2015. These forecasts assume continuation of current positive trends and a stable economic environment.


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