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Friday, November 27, 2015 8:21:23 AM
BETHESDA, MD--(Marketwired - Nov 24, 2015) - Nutroganics, Inc. (OTC PINK: NUTT) ("Nutroganics") announces that it recorded $4.26 million in revenue for the third Quarter of 2015, a record third quarter for the Company and a year-over-year increase of 81% from revenue achieved in Q3 of 2014.
David Sackler, Nutroganics' President & CEO, said, "We are pleased to announce strong quarterly revenue for Q3 2015. We continue to expand our capabilities and offerings to serve our existing customer base while adding new customers in Q4. The rest of the year looks bright and we expect continued growth in Q4."
Nutroganics recently announced that it expects its 2016 revenue to be between $20 and 22 million, guidance which it re-affirms today.
Nutroganics' full Q3 results are available at http://www.otcmarkets.com/stock/NUTT/filings.
About Nutroganics:
Nutroganics, Inc. acquires and grows revenue-generating businesses operating in the healthy lifestyle marketplace, and seeks to capitalize on synergies from manufacturing through distribution. Nutroganics owns Silverbow Honey Company, a producer and packager of honey products founded in 1945 and based in Moses Lake, Washington and NuStar Manufacturing, LLC, a Utah based packager of nutritional products and supplements.
For more information, contact David Sackler at dsackler@nutroganics.com or (240) 223-1000, and/or Rich Kaiser, Investor Relations, YES INTERNATIONAL, rich@yesinternational.com, 757-306-6090, www.nutroganics.com.
Forward-Looking Statements:
This release may contain forward-looking statements, which involve known and unknown risks, uncertainties, and other factors, which may cause Nutroganics' actual results, performance, or achievements to be materially different from actual future results expressed or implied by the forward-looking statements. We undertake no obligation to update any forward-looking statements after the date of such statements.
Contact:
David Sackler
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