NetworkNewsBreaks – VPR Brands LP (VPRB) Reports
Post# of 79
(Total Views: 172)
Posted On: 06/06/2019 4:18:10 PM
NetworkNewsBreaks – VPR Brands LP (VPRB) Reports Increased Revenues, Reduced Net Loss
Innovative technology holding company VPR Brands LP (OTC: VPRB) released the results of fiscal operations for first quarter 2019. Among other highlights, the company reported continually increasing revenues and a narrowing net loss. An article discussing the company reads, “VPRB’s revenues grew about 31% year over year to $1.3 million for the quarter, according to the report (http://nnw.fm/Jp09m), continuing the trend reported for the full year in 2018, when revenues grew nearly 28% to $4.6 million (http://nnw.fm/deMB3), and indicating that the company has begun 2019 at a strong pace that could eclipse the prior year if it continues. . . . VPR Brands continues to maintain strong gross operating margins above 40% as well, and the company was pleased to note that its net losses dropped to $138,000 for the quarter in tandem with an increase of its assets and expenses related to advertising and marketing.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Innovative technology holding company VPR Brands LP (OTC: VPRB) released the results of fiscal operations for first quarter 2019. Among other highlights, the company reported continually increasing revenues and a narrowing net loss. An article discussing the company reads, “VPRB’s revenues grew about 31% year over year to $1.3 million for the quarter, according to the report (http://nnw.fm/Jp09m), continuing the trend reported for the full year in 2018, when revenues grew nearly 28% to $4.6 million (http://nnw.fm/deMB3), and indicating that the company has begun 2019 at a strong pace that could eclipse the prior year if it continues. . . . VPR Brands continues to maintain strong gross operating margins above 40% as well, and the company was pleased to note that its net losses dropped to $138,000 for the quarter in tandem with an increase of its assets and expenses related to advertising and marketing.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
(0)
(0)