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Last $1.04 USD
Change Today +0.004 / 0.39%
Volume 3.0K
SWSH On Other Exchanges
As of 5:10 PM 11/27/15 All times are local (Market data is delayed by at least 15 minutes).

swisher hygiene inc (SWSH) Snapshot

Previous Close
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52 Week High
02/4/15 - $2.61
52 Week Low
07/29/15 - $0.50
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Average Volume 10 Days
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Current Stock Chart for SWISHER HYGIENE INC (SWSH)

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swisher hygiene inc (SWSH) Details

Swisher Hygiene Inc. provides hygiene and sanitizing solutions. It solutions include cleaning and sanitizing chemicals and restroom hygiene programs, as well as a range of related products and services. The company sells consumable products comprising detergents, cleaning chemicals, soaps, papers, water filters, and supplies, as well as rents and services dish machines and other equipment for the dispensing of these products; and offers cleaning services for facilities. It provides restroom hygiene and facility services consisting of cleaning the toilet bowls, urinals, and sinks; application of a germicide to such surfaces to inhibit bacteria growth; and restocking of air fresheners. The company also manages other restroom needs by providing and installing soap, tissue, and hand towel dispensers; and selling and restocking the soap and paper on an as-needed basis. It serves customers in a range of end-markets, including foodservice, hospitality, retail, and healthcare industries through its field sales group, corporate account sales team, and independent third-party distributor partners. As of December 31, 2014, the company had company owned operations and one franchise operations, as well as entered into nine master license agreements covering the United Kingdom, Portugal, the Netherlands, Singapore, the Philippines, Taiwan, Korea, Hong Kong/Macau/China, and Mexico. Swisher Hygiene Inc. is headquartered in Charlotte, North Carolina.

1,200 Employees
Last Reported Date: 04/1/15

swisher hygiene inc (SWSH) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $150.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $270.0K
Compensation as of Fiscal Year 2014.

swisher hygiene inc (SWSH) Key Developments

Swisher Hygiene Inc. Receives Nasdaq Notice

Swisher Hygiene Inc. announced that on November 12, 2015, the Company received a letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (Nasdaq) indicating that, in accordance with Nasdaq Listing Rule 5100, the Staff believes the Company is a “public shell” and, as a result, the continued listing of the Company’s securities on Nasdaq is no longer warranted. The Company intends to timely request a hearing before the Nasdaq Listing Qualifications Panel to address the Staff’s determination, which request will automatically stay any delisting action by the Staff. It anticipates that trading in the Company’s securities will continue on Nasdaq pending the ultimate resolution of this matter with Nasdaq. The Company’s Board of Directors will continue to determine when and whether to proceed with the Plan of Dissolution approved by the Company’s stockholders on October 15, 2015, which provided the Board of Directors with the discretion to determine, within twelve months of such approval, when and whether to proceed with the Plan of Dissolution.

Swisher Hygiene Inc. Announces Executive Changes

In connection with Swisher Hygiene Inc.'s sale of the stock of its wholly owned U.S. subsidiary Swisher International Inc. and other assets relating to the Company's U.S. operations, which comprised all of the Company's remaining operating interests Blake Thompson resigned as Senior Vice President and Chief Operating Officer of the Company and Linda Wilson-Ingram resigned as Vice President, Corporate Controller and Chief Accounting Officer (principal accounting officer) of the Company, effective November 2, 2015. On November 5, 2015, the Company appointed William T. Nanovsky, Senior Vice President and Chief Financial Officer (principal financial officer) of the Company, principal accounting officer and secretary of the Company. Mr. Nanovsky has served as Senior Vice President and Chief Financial Officer (principal financial officer) of the Company since February 18, 2013, principle accounting officer and secretary of the Company since November 5, 2015, and previously served as Interim Senior Vice President and Chief Financial Officer of the Company from September 24, 2012 to February 18, 2013. Since September 2011, he has been a founding Partner of The SCA Group, LLC. Before the SCA Group, from May 1998 to September 2011, Mr. Nanovsky was a Partner of Tatum, LLC and served on Tatum's Board of Managers from 2003 through 2007. At Tatum, he served as Chief Financial Officer of Specialty Foods Group Inc. Additionally while at Tatum, Mr. Nanovsky served at AutoNation Inc. Prior to Tatum, Mr. Nanovsky served as Chief Financial Officer, Senior Vice President and a member of the Board of Directors of Seneca Foods Corporation. All of Mr. Nanovsky's professional effort and focus are concentrated on the Company; however, he remains a Partner of the SCA Group.

Swisher Hygiene Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Swisher Hygiene Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, consolidated pro forma basis, loss from continuous operations was $2.073 million. Net loss was $2,076,000. Loss per basic and diluted share was $0.12. Net loss from continuing operations before income tax was $2,076,000. For the six months, consolidated pro forma basis, loss from continuous operations was $4.223 million. Net loss from continuing operations before income tax was $4,231,000. Net loss was $4,231,000. Loss per basic and diluted share was $0.24.


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