China Green Agriculture Inc. (CGA) revealed earnings for its second quarter that advanced compared to the same period last year.
The company said its bottom line rose to $5.5 million, or $0.15 per share. This was higher than $4.3 million, or $0.12 per share, in last year's second quarter.
The company said revenue for the quarter rose 3.5% to $59 million. This was up from $57 million last year.
China Green Agriculture Inc. earnings at a glance:
-Earnings (Q2): $5.5 Mln. vs. $4.3 Mln. last year.
-Earnings Growth (Y-o-Y): 27.9%
-EPS (Q2): $0.15 vs. $0.12 last year.
-EPS Growth (Y-o-Y): 25.0%
-Revenue (Q2): $59 Mln vs. $57 Mln last year.
-Revenue Change (Y-o-Y): 3.5%
-Guidance:
Next quarter EPS guidance: $0.1 - $0.18
Next quarter revenue guidance: $72 - $82 Mln
Full year EPS guidance: $0.52 - $0.7
Full year revenue guidance: $277 - $300 Mln
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