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Brownies Marine Group, Inc  (BWMG)
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    Sector  Consumer Discretionary    Industry Recreational Products
 
 

EARNINGS REPORT by CSIMarket

Break-even, Sales Faded


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Brownies Marine Group, Inc announced third quarter 2016 operating income of $0.138208 millions



For the third quarter 2016 Brownies Marine Group, Inc reached break-even of $0.00 per share compare to $0.00 a year ago and from $0.00 per share from the previous quarter.

Sales crumbled by -24.23 % to $0.84 millions from $1.11 millions in the same quarter a year ago and sequentially Sales improved by 29.74 % from $0.65 millions.



Net income of $0.13 millions in the third quarter 2016 fell by -46.2 % from break-even in the corresponding period a year before. Looking further into third quarter 2016 Brownies Marine Group, Inc's profitability, operating margin mitigated to 16.49%, and net margin shrank to 15.89%.


Brownies Marine Group, Inc is expected to report next financial results on February 21, 2017.
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Brownies Marine Group Inc reported second quarter 2016 earnings

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