Ocean Bio-Chem (OBCI) Reports Q2 EPS of $0.07
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Ocean Bio-Chem, Inc. Reports Record Second Quarter Net Income of $657,000, an increase of $543,000 over the Second Quarter of 2015
August 15, 2016 9:01 AM EDTFORT LAUDERDALE, Fla., Aug. 15, 2016 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ OBCI) announced today second quarter net income of approximately $657,000, or $0.07 per common share, compared to approximately $114,000, or $0.01 per common share, for the second quarter of 2015, an increase of $543,000 or approximately 477%. The 2016 period net income constitutes the highest second quarter net income in the Company's history.
For the six months ended June 30, 2016, net income was approximately $116,000, or $0.01 per common share, compared to approximately $98,000 or $0.01 per common share for the same period in 2015, an increase of $18,000 or... More
