NetworkNewsBreaks – VPR Brands LP (VPRB) Announc
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Posted On: 11/13/2019 3:41:56 PM
NetworkNewsBreaks – VPR Brands LP (VPRB) Announces Q3 and Year-to-Date 2019 Results, Posting Increased Revenues for Both
VPR Brands (OTCQB: VPRB), a market leader specializing in vaporizers and accessories for essential oils, cannabis concentrates and extracts (“CBD”), as well as electronic cigarettes containing nicotine, today announced its financial results for the third quarter and year-to-date 2019, posting increased revenues for both as compared to 2018. As compared to the same periods last year, VPR Brands achieved a 13% increase in sales revenue to $1.4 million for the third quarter of 2019 and a 24% increase in sales revenue to $4.3 million for the nine months ended September 30, 2019. “We believe VPR Brands performed well in Q3 despite the slowdown in purchasing within the vape industry late in the quarter,” VPR Brands Chief Operating Officer Dan Hoff said in the news release. “We were still able to grow the top line sales and maintain a healthy margin despite the obstacles encountered in the domestic vape industry. We are focusing our time and resources on CBD, international expansion, and white label clients while the mainstream domestic vape industry re-stabilizes.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
VPR Brands (OTCQB: VPRB), a market leader specializing in vaporizers and accessories for essential oils, cannabis concentrates and extracts (“CBD”), as well as electronic cigarettes containing nicotine, today announced its financial results for the third quarter and year-to-date 2019, posting increased revenues for both as compared to 2018. As compared to the same periods last year, VPR Brands achieved a 13% increase in sales revenue to $1.4 million for the third quarter of 2019 and a 24% increase in sales revenue to $4.3 million for the nine months ended September 30, 2019. “We believe VPR Brands performed well in Q3 despite the slowdown in purchasing within the vape industry late in the quarter,” VPR Brands Chief Operating Officer Dan Hoff said in the news release. “We were still able to grow the top line sales and maintain a healthy margin despite the obstacles encountered in the domestic vape industry. We are focusing our time and resources on CBD, international expansion, and white label clients while the mainstream domestic vape industry re-stabilizes.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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