RiceBran Technologies announced that it's Pelotas, Brazil, plant experienced a structural breakdown and has been shut pending a full assessment. The uncertainty related to the plant closure, coupled with raw rice bran availability and costs associated with the California drought, has prompted management to withdraw previous 2014 earnings guidance. On August 13, 2014, the company has guided for revenues of $59 million with a full year EBITDA of $6 million.
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5-day change | 1st Jan Change | ||
0.16 USD | +23.08% |
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+100.00% | -31.18% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-31.18% | 1.6M | |
-5.94% | 268B | |
-9.65% | 87.78B | |
-2.73% | 39.37B | |
-12.87% | 39.12B | |
-1.40% | 37.18B | |
-2.89% | 35.31B | |
-16.30% | 29.89B | |
-4.02% | 29.52B | |
+4.52% | 23.23B |
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- Ricebran Technologies Withdraws Earnings Guidance for Full Year of 2014