Plus   Neg

China Green Agriculture Raises FY18 Income Guidance - Quick Facts

China Green Agriculture, Inc. (CGA) announced, for fiscal 2018, the company now expects net income of $23 million to $32 million; and EPS of $0.60 to $0.83. The company confirmed revenue guidance of $263 million to $301 million. For third-quarter, management expects revenue of $68 million to $78 million; net income of $6 million to $8 million; and EPS of $0.15 to $0.20.

For second-quarter, China Green Agriculture reported net income of $7.8 million, EPS of $0.20, and net sales of 63.4 million.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Former Google engineer Anthony Levandowski was sentenced by a U.S. judge to eighteen months in prison for stealing trade secrets from Google's self-driving car unit before he defected to Uber's rival unit. Levandowski admitted that from 2009 to 2016, he worked in Google's self-driving car program, known then as Project Chauffer. JetBlue has strengthened its face covering policy, by prohibiting face masks with vents or exhalation valves, starting August 10. It will also no longer allow customers to claim exemptions from wearing a face covering altogether. Home Depot, Inc. is set to open three new distribution centers in Georgia over the next 18 months, which is expected to create an additional 1,000 new jobs in Greater Atlanta, including full-time and part-time positions. The home improvement retailer has already created more than 5,000 new jobs in Georgia over the last five years.
Follow RTT