WhereDaily News: Nutroganics, Inc. (NUTT) Announces Record Second Quarter Revenue of $4.3 Million; EBITDA of $520,082; Net Income of $363,975
BETHESDA, MD--(Marketwired - Aug 7, 2015) - Nutroganics, Inc. (OTC PINK: NUTT) ("Nutroganics") announces that it achieved record revenue of $4.3 Million in its second quarter ending June 30, 2015. Revenue is up more than 119% year over year from $1.9 million in the second quarter of 2014 and more than 19% over the first quarter of 2015. The earnings before interest, taxes, depreciation and amortization (EBITDA) were $520,082 and net income was $363,975 or $0.011 per basic share outstanding and $0.0025 per fully diluted share. EBITDA and net income per fully diluted share are not GAAP measures but Nutroganics believes they are helpful in understanding financial trends with the company.