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Stock impact report

RiceBran Technologies Reports Q2 2019 Financial Results and Provides Business Updates

RiceBran Technologies (RIBT) 
Last ricebran technologies earnings: 8/10 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ricebrantech.com/investor-relations
Company Research Source: PR Newswire
THE WOODLANDS, Texas, Aug. 13, 2019 /PRNewswire/ – RiceBran Technologies (NASDAQ: RIBT), a global leader in the production and marketing of value-added products derived from rice bran and a producer of rice, rice co-product, and barley and oat products, announced today the Company's financial results for the quarter ended June 30, 2019.  "During the second quarter, we made significant progress in positioning RiceBran for both improved results in the second half of the year and sustainable long-term growth," said Brent Rystrom, President and Chief Executive Officer. "Our core rice bran business generated nearly 20% growth, driven by large customer wins which will lead to higher sales in the second half of the year. We are also beginning to see the advantages of broadening our product line through the acquisitions of MGI Grain at the beginning of the quarter and Golden Ridge Rice Mills in November of 2018. Once our debottlenecking project at Golden Ridge is completed in the third quarte Show less Read more
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