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Categories: Yahoo FinanceGet free summary analysis Enzymotec Ltd. reports financial results for the quarter ended September 30, 2017. Highlights Summary numbers: Revenues of USD 13.67 million, Net Earnings of USD 0.42 million. Gross margins widened from 66.03% to 69.53% compared to the same period last year, operating (EBITDA) margins now 7.02% from 1.27%. Change in operating cash ... Read more (Read more...)
The Migdal Haemeq, Israel-based company said it had net income of 2 cents per share. Earnings, adjusted for stock option expense and costs related to mergers and acquisitions, came to 7 cents per share. ...
Israeli flavour and fine ingredients company Frutarom Industries said on Sunday it agreed to acquire the 81 percent of special nutrition firm Enzymotec it doesn't already own for $11.9 a share, or about $168 million. Frutarom had acquired in prior transactions 19 percent of Enzymotec for $42 million, reflecting an average share price of $9.6 and announced its intention to make a tender offer for Enzymotec shares. Enzymotec will become a wholly owned subsidiary of Frutarom and be delisted from trading.
Categories: Yahoo FinanceGet free summary analysis Enzymotec Ltd. reports financial results for the quarter ended June 30, 2017. Highlights Summary numbers: Revenues of USD 13.02 million, Net Earnings of USD -2.31 million. Gross margins narrowed from 69.99% to 50.24% compared to the same period last year, operating (EBITDA) margins now -14.43% from 6.99%. Change in operating cash ... Read more (Read more...)