Ecosphere Technologies, Inc. Reports Unaudited Consolidated Earnings Results for Second Quarter and Six Months Ended June 30, 2013
For the six months, the company's total revenues were $1,837,737 against $16,985,899 a year ago. Loss from operations was $4,490,716 against income of $1,923,424 a year ago. Net income applicable to company's common stock was $24,934,769 against $870,646 a year ago. Basic and diluted EPS was $0.15 against $0.01 a year ago. Net cash used in operating activities was $5,777,562 against net cash from operating activities was $717,901 a year ago. Purchase of property and equipment was $545,254 against $47,845 a year ago.