GlobeNewswire
Taronis Fuels, Inc
,GlobeNewswire•August 17, 2020
Company Generates $8.9 Million in Revenues, $2.4 Million in EBITDA
PHOENIX, AZ, Aug. 17, 2020 (GLOBE NEWSWIRE) -- Taronis Fuels, Inc., (“Taronis” or “the Company”) (OTCQB: TRNF), a global producer of renewable and socially responsible fuel products, today announced its results of operations for the second quarter of 2020. The Company reported $8.9 million in revenues during the quarter, which represented a $3.0 million increase, or 51.8% increase in sales when compared to $5.8 million in sales generated during the second quarter of 2019. When compared to the $4.9 million in sales for the first quarter of 2020, this represents a $3.9 million, or 80% increase in quarterly revenues.
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