Key Developments For Ocean Bio-Chem Inc
Ocean Bio-Chem Inc (OBCI.O) (Consolidated Issue listed on NASDAQ Capital Market)
Ocean Bio-Chem Comments On Q4 2009 Revenue Guidance
Ocean Bio-Chem announced that it is cautiously optimistic that it will continue sales growth in the forth quarter 2009 compared to prior years fourth quarter.
Ocean Bio-Chem Reports New $2 Million Plus Contract
Ocean Bio-Chem announced that it has received a new contract with a value in excess of $2 million, for private label products. Detailed terms of the contract were not disclosed.
Ocean Bio-Chem Announces Stock Buyback
Ocean Bio-Chem announced that it has reached an agreement to purchase 349,773 shares of its common stock at $0.80 per common share from an institutional shareholder, under the Company's previously authorized stock buyback program. The transaction was completed on November 11, 2008.
Ocean Bio-Chem Issues Q3 2007 And Six-Month Period Ending September 30, 2007 Revenue Guidance
Ocean Bio-Chem announced that for the third quarter of 2007, it expects net sales of approximately $6.907 million. For the six-month period ending September 30, 2007, the Company expects net sales to be approximately $16.363 million. The performance in the third quarter, specifically in September, reflects lower sales of winterizing products, including antifreeze, as a result of the abnormally warm weather in the Northern and Midwestern parts of the US.
Ocean Bio-Chem Issues Q2 And H1 2007 Revenue Guidance
Ocean Bio-Chem announced that for second quarter 2007, reported net sales were approximately $5.722 million and for first half 2007 net sales were approximately $9.745 million.
