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Stock impact report

RiceBran Technologies Reports Q3 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, Nov. 7, 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-products, and barley and oat products, announced today the Company's financial results for the quarter ended September 30, 2019."We are excited to complete various projects and we look forward to improving sales and margins in the fourth quarter and beyond," said Brent Rystrom, President and Chief Executive Officer.  "We lost a month of production at Golden Ridge in the third quarter while completing our debottlenecking project, but we are now seeing sharply improved production volumes and a significant improvement in unit-level economics.  Golden Ridge is important to RBT's long-term future as it will lower our costs for stabilized rice bran and is located in Arkansas, the largest rice producing state in the U.S. where it provides us with strong access to customers in the Show less Read more
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