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4-Traders Homepage  >  Equities  >  Nyse MKT  >  22nd Century Group Inc    XXII

Delayed Quote. Delayed  - 11/21 10:00:00 pm
2.32 USD   -1.69%
11/17 22ND CENTURY : Dr. James Swauger
11/11 22ND CENTURY : Higher expenses hit 22nd Century Group Additional exp..
11/10 22ND CENTURY : loss grows despite higher sales
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22nd Century : loss grows despite higher sales

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11/10/2017 | 06:03pm CET

Nov. 10--22nd Century Group's third quarter loss widened as rising costs offset a 46 percent jump in the Clarence plant biotechnology company's sales.

22nd Century, which is developing technology to manipulate nicotine levels in tobacco, said it lost $3.3 million, or 3 cents per share, compared with a loss of $2.7 million, or 3 cents per share, a year ago.

Sales grew to $4.5 million from $3.1 million as the company added revenues from a May agreement to make filtered cigars for a customer at its North Carolina cigarette factory. The company has yet to receive revenue from its very low nicotine tobacco technology, which executives believe could be a strong seller in the future as part of a potential push by federal regulators to reduce levels of addictive nicotine in cigarettes as a way to reduce smoking.

___

(c)2017 The Buffalo News (Buffalo, N.Y.)

Visit The Buffalo News (Buffalo, N.Y.) at www.buffalonews.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

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Financials ($)
Sales 2017 17,9 M
EBIT 2017 -10,2 M
Net income 2017 -9,90 M
Debt 2017 -
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018
Capi. / Sales 2017 16,1x
Capi. / Sales 2018 13,3x
Capitalization 287 M
Chart 22ND CENTURY GROUP INC
Duration : Period :
22nd Century Group Inc Technical Analysis Chart | XXII | US90137F1030 | 4-Traders
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 1
Average target price 11,5 $
Spread / Average Target 396%
EPS Revisions
Managers
NameTitle
Henry Sicignano President, Chief Executive Officer & Director
James W. Cornell Chairman
John T. Brodfuehrer CFO, Treasurer & Principal Accounting Officer
Michael Robert Moynihan Vice President-Research & Development
Joseph Alexander Dunn Independent Director
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