Article: OPTA FOOD INGREDIENTS REPORTS REVENUE FOR FIRST QUARTER

OptaGrade(R) now being used in fat-free spreads and cream cheeses

BEDFORD, Mass., April 24 /PRNewswire/ -- Opta Food Ingredients, Inc. (Nasdaq: OPTS) today reported revenues of $1.1 million for the first quarter ended March 31, 1995, compared with revenue of $1.0 million for the same period last year. The net loss for the first quarter of 1995 was $1.1 million, or $.15 per share, a 22 percent improvement over the net loss of $1.4 million, or $.30 per share, for the first quarter of 1994. Per share figures reflect the increase in shares outstanding from 4.8 million to 7.4 million, which was primarily due to a private placement of stock during the second quarter of ...






Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!