Rocky Mountain Chocolate Factory Inc. announced consolidated earnings results for the third quarter and nine months ended November 30, 2015. For the quarter, total revenues were $9,807,000 compared to $10,561,000 a year ago. Income from operations was $1,251,000 compared to $1,554,000 a year ago. Income before income taxes was $1,213,000 compared to $1,509,000 a year ago. Net income attributable to the company was $441,000 or $0.07 per diluted share compared to $962,000 or $0.15 per diluted share a year ago. Non-GAAP, adjusted EBITDA was $1,741,000 against $2,078,000 a year ago. Non-GAAP, adjusted net income was $797,000 or $0.13 per diluted share against $1,099,000 or $0.17 per diluted share a year ago.

For the nine months, total revenues were $29,446, 000 compared to $30,341,000 a year ago. Income from operations was $4,360,000 compared to $4,330,000 a year ago. Income before income taxes was $4,234,000 compared to $4,190,000 a year ago. Net income attributable to the company was $1,984,000 or $0.32 per diluted share compared to $2,551,000 or $0.40 per diluted share a year ago. Non-GAAP, adjusted EBITDA was $6,039,000 against $6,772,000 a year ago. Non-GAAP, adjusted net income was $2,525,000 or $0.41 per diluted share against $3,344,000 or $0.52 per diluted share a year ago.