Greystone Logistics Inc. (GLGI): We'll need it because Q4 was pretty...

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Greystone Logistics Inc. (GLGI)

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Re: ZachBuffett post# 581

Wednesday, 08/29/2018 9:17:05 PM

Wednesday, August 29, 2018 9:17:05 PM

We'll need it because Q4 was pretty disappointing. Pretax income was down 33% from Q4 2017, and down nearly 20% for the entire year.

With 3 machines being added this year, I don't expect gross margins to bounce back much either. They added another $3.6 million of debt this month too.

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Recent GLGI News

Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 09/13/2024 08:23:34 PM
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Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/31/2023 09:17:39 PM
Form 8-K - Current report • Edgar (US Regulatory) • 10/17/2023 05:58:48 PM
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