China Green Agriculture Inc. (CGA) released earnings for second quarter that decreased from last year.
The company said its bottom line came in at $4.3 million, or $0.12 per share. This was down from $5.2 million, or $0.16 per share, in last year's second quarter.
The company said revenue for the quarter rose 5.4% to $56.96 million. This was up from $54.05 million last year.
China Green Agriculture Inc. earnings at a glance:
-Earnings (Q2): $4.3 Mln. vs. $5.2 Mln. last year.
-Earnings Decline (Y-o-Y): -17.3%
-EPS (Q2): $0.12 vs. $0.16 last year.
-EPS Decline (Y-o-Y): -25.0%
-Revenue (Q2): $56.96 Mln vs. $54.05 Mln last year.
-Revenue Change (Y-o-Y): 5.4%
-Guidance:
Next quarter EPS guidance: $0.14 - $0.19
Next quarter revenue guidance: $75 - $80 Mln
Full year EPS guidance: $0.57 - $0.65
Full year revenue guidance: $257.6 - $269.4 Mln
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