EZTD Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended Mach 31, 2016
EZTD Inc. announced unaudited consolidated earnings results for the first quarter ended Mach 31, 2016. For the quarter, the company reported revenues of $7,044,000 compared to $7,143,000 a year ago. Operating loss was $2,623,000 compared to income of $300,000 a year ago. Net loss before taxes on income was $3,372,000 compared to $1,252,000 a year ago. Net loss attributable to the company was $3,372,000 compared to $1,252,000 a year ago. Total basic and diluted net loss per share was $0.87 compared to $0.40 a year ago. LBITDA was $2,408,000 compared to EBITDA of $387,000 a year ago. Adjusted LBITDA was $1,236,000 compared to adjusted EBITDA of $844,000 a year ago.