ICTV Brands Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015
For the nine months, the company's net sales were $19,739,812 against $23,687,603 a year ago. Operating loss was $805,831 against $872,544 a year ago. Loss before income tax was $805,451 against $879,019 a year ago. Net loss was $805,501 against $857,845 a year ago. Net loss basic and diluted per share was $0.03 against $0.04 a year ago. Net cash used in operating activities was $973,531 against net cash provided by operating activities $88,985 a year ago. Adjusted LBITDA was $314,000 as compared to adjusted EBITDA of $86,000 for nine months ended September 30, 2014.