OurPet’s Company (OPCO.OB) Reports Record Q1 2009 Financial Results
Today, OurPet’s Company announced that its net revenues for the first quarter of 2009 increased 16.7% to $3,390,379 from $2,905,264 for the same period in 2008. Net income for the quarter totaled $78,610, compared to a net loss of $391,472 for the same period in 2008. Earnings, before interest, taxes, depreciation and amortization (EBITDA), were $244,054 in the first quarter of 2009 compared to a negative $220,222 in 2008's first quarter. Dr. Steven Tsengas, President and CEO, commented, "We are extremely pleased about our record sales for the 2009 first quarter, despite the difficult business environment for many of our…