Bravo Foods International Reports Record 2Q05 Results
Bravo Foods announced their 2nd quarter 2005 results (for the quarter ending June 30, 2005).
Fueled by successful sales penetration, for the quarter, Bravo! reported total revenue of $2,448,618, an increase of 70% over $1,441,356 reported for the same period in 2004.
On gross margin of 31.4%, Bravo! reported a net loss applicable to common shareholders for the second quarter 2005 of $(1,421,928) or $(.02) per diluted share, versus a reported loss applicable to common shareholders of $(980,710) or $(.02) per share reported for the second quarter of 2004.
-from Bravo Foods International Reports Record Second Quarter Results, Forbes.com
CEO Roy Warren said 2Q05 “saw a number of important advancements”, and that Bravo Foods has “experienced a dramatic increase in sales during this quarter and expect continued growth in sales throughout the second half of 2005.”
