Lake Street downgraded RiceBran Tech from Buy to Hold
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/28/2021 | Buy → Hold | Lake Street |
Board continues to advance strategic review following sale of SRB businessTOMBALL, TX / ACCESSWIRE / August 21, 2023 / RiceBran Technologies (NASDAQ:RIBT) ("RiceBran" or the "Company"), an innovator in the development and manufacture of nutritional and functional ingredients derived from rice, barley and oats, today announced financial results for the second quarter ended June 30, 2023.Eric Tompkins, Executive Chairman of RiceBran, commented, "The divestiture of our stabilized rice bran ("SRB") business during the second quarter was the first step in a process aimed to reduce costs and curb losses, creating more optionality to explore strategic alternatives and better position the Company to
TOMBALL, TX / ACCESSWIRE / July 6, 2023 / RiceBran Technologies (NASDAQ:RIBT) ("RiceBran" or the "Company"), a global leader in the development and manufacture of nutritional and functional ingredients derived from rice and other small and ancient grains for human food, nutraceutical, pet care and equine feed applications, today announced that its Board of Directors (the "Board") has adopted a Tax Benefits Preservation Plan (the "Tax Plan").The Company has significant U.S. federal and state net operating loss carryforwards ("NOLs"). As of December 31, 2022, the Company has U.S. federal NOLs of approximately $54.4 million that can be used to offset taxable income, of which approximately $44.7
Board continues to advance strategic review as Golden Ridge and MGI mills operate wellTOMBALL, TX / ACCESSWIRE / May 11, 2023 / RiceBran Technologies (NASDAQ:RIBT) ("RiceBran" or the "Company"), a global leader in the development and manufacture of nutritional and functional ingredients derived from rice and other small and ancient grains for human food, nutraceutical, pet care and equine feed applications, today announced financial results for the first quarter ended March 31, 2023.Summary Results ($000s)1Q231Q22% Chg.1Q234Q22% Chg.Revenue$9,269$10,559(12%)$9,269$10,616(13%)Gross Profit (Loss)($282)$502NM($282)$(87)224%SG&A$1,731$1,6922%$1,731$1,52514%Operating Loss($2,013)($1,190)69%($2,01
Business Unit Leader for Milling Operations Joins Board as Executive Chairman During Ongoing Strategic ReviewTOMBALL, TX / ACCESSWIRE / June 13, 2023 / RiceBran Technologies (NASDAQ:RIBT) ("RiceBran" or the "Company"), a global leader in the development and manufacture of nutritional and functional ingredients derived from rice and other small and ancient grains for human food, nutraceutical, pet care and equine feed applications, today announced that Eric Tompkins has joined the Company's Board of Directors (the "Board") and been named Executive Chairman. In addition, Peter Bradley, Executive Chairman, Will Black and Jean Heggie have resigned from the Board. The changes to the Board are eff
Lake Street downgraded RiceBran Tech from Buy to Hold
Asset Divestiture Further Streamlines Business as Part of Strategic ProcessTOMBALL, TX / ACCESSWIRE / January 26, 2024 / RiceBran Technologies (OTC:RIBT) ("RiceBran" or the "Company"), today announced that it has sold its Golden Ridge rice mill located in Wynne, Arkansas for $2.15 million.The divestiture is expected to, based upon third quarter 2023 results, further narrow RiceBran's projected annual net loss by approximately $1.5 million while not jeopardizing the estimated $54.4 million in federal and $46.0 million in state net operating loss carryforwards that the Company had amassed as of December 31, 2022."This sale eliminates cash and working capital drags on the business' profitabilit
Experienced Investors Georgina Russell and James Flynn Join Board of Directors to Advance Strategic ReviewTOMBALL, TX / ACCESSWIRE / January 4, 2024 / RiceBran Technologies (OTC:RIBT) ("RiceBran" or the "Company"), today announced that James Flynn and Georgina Russell have been appointed to the Company's Board of Directors. Both Mr. Flynn and Ms. Russell qualify as independent directors.Mr. Flynn is currently the Managing Member and Portfolio Manager of Nerium Capital LLC, an investment adviser he founded in 2021. He also currently serves on the Board of Directors of ARCA Biopharma, MEI Pharma, and Axiom Health (private). From 2017 to 2018, Mr. Flynn worked as a therapeutics analyst at Aptig
Board continues to review strategic initiatives and alternativesTOMBALL, TX / ACCESSWIRE / December 20, 2023 / RiceBran Technologies (OTC:RIBT) ("RiceBran" or the "Company"), an innovator in the development and manufacture of nutritional and functional ingredients derived from rice, barley and oats, today announced financial results for the third quarter ended September 30, 2023.Eric Tompkins, Executive Chairman of RiceBran, commented, "The Board of Directors continues to advance a strategic review, with the goal of creating a more sustainable organization that can better capitalize on the benefits of a public listing and the significant carryforward tax assets that have been accumulated. Th
8-K - RiceBran Technologies (0001063537) (Filer)
8-K - RiceBran Technologies (0001063537) (Filer)
8-K - RiceBran Technologies (0001063537) (Filer)
SC 13D - RiceBran Technologies (0001063537) (Subject)
SC 13D/A - RiceBran Technologies (0001063537) (Subject)
SC 13D/A - RiceBran Technologies (0001063537) (Subject)
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3 - RiceBran Technologies (0001063537) (Issuer)
3 - RiceBran Technologies (0001063537) (Issuer)
3 - RiceBran Technologies (0001063537) (Issuer)