Brief: CTI Industries QTRLY Loss Per Share $0.16

Yunhong Green Cti

13/11/2018 13:21

Nov 13 (Reuters) - CTI Industries Corp  CTIB.O :
    * CTI INDUSTRIES ANNOUNCES 2018 THIRD QUARTER FINANCIAL
RESULTS
    * Q3 SALES FELL 13 PERCENT TO $11.5 MILLION
    * COMPANY DEFERS PROPOSED SUBSCRIPTION RIGHTS OFFERING DUE
TO
CURRENT MARKET CONDITIONS
    * REITERATES OUTLOOK FOR IMPROVED OPERATING PERFORMANCE IN
2018
    * QTRLY LOSS PER SHARE $0.16
    * CTI INDUSTRIES - FOR FY 2018 CO EXPECTS HIGHER NET SALES,
LOWER
TOTAL OPERATING EXPENSES, AND HIGHER OPERATING PROFITABILITY
    * CTI INDUSTRIES-RE-ITERATED OUTLOOK AFTER CONSIDERING
CONTINUING
EVALUATION OF IMPACT OF RECENTLY IMPOSED TARIFFS TO SOME
CHINA-MANUFACTURED PRODUCTS

Source text for Eikon:  ID:nPn4lLqdya 
Further company coverage:  CTIB.O 

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