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nutroganics inc (NUTT) Snapshot

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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. Provides Revenue Guidance for the Fiscal 2015

Nutroganics announced that, based upon current positive trends in order and obtaining NSF certification to enable future orders, it expects its revenue will be at least $9.5 million for 2015. This forecast assumes continuation of current positive trends and a stable economic environment.

Nutroganics, Inc. Reports Consolidated Earnings Results for the Second Quarter Ended June 30, 2014; Provides Revenue Guidance for the Second Half of 2014

Nutroganics, Inc. reported consolidated earnings results for the second quarter ended June 30, 2014. Nutroganics generated consolidated revenue of $1.96 million, up 282.7% from the first quarter revenue. Operating loss was $127,149 or a decrease of 6.5% of revenue, improving from a decrease of 14.9% of revenue in the 2014 first quarter. The second quarter reflects the effect of NuStar acquisition which continues to be nicely accretive to the company. Nutroganics also announced that it expects its revenue will exceed $4 million for the second half of 2014. The company forecasts that it will be EBITDA positive, starting in November 2014 and net income positive by February 2015. These forecasts assume continuation of current positive trends and a stable economic environment.

Nutroganics, Inc. to Report Q2, 2014 Results on Aug 15, 2014

Nutroganics, Inc. announced that they will report Q2, 2014 results on Aug 15, 2014


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