Hot Mama's Foods, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported net revenues of $8,978,000 against $7,863,000 a year ago. Loss from operations was $1,560,000 against income from operations of $353,000 a year ago. Loss before income taxes was $1,600,000 against income before income taxes of $321,000 a year ago. Net loss attributable to the company was $1,025,000 or $0.05 basic and diluted per share against net income attributable to the company of $192,000 or $0.01 basic and diluted per share a year ago. Sales continue to be driven by the Hummus product line which accounted for 71% of revenue, up from 68% in third quarter 2012. Higher volumes reflect effective marketing campaigns as well as increased customer demand for its higher quality products. Looking ahead, revenue growth will be driven by additional product offerings as well as increased sales to existing customers.

For the nine months, the company reported net revenues of $25,668,000 against $21,915,000 a year ago. Loss from operations was $1,698,000 against income from operations of $696,000 a year ago. Loss before income taxes was $1,798,000 against income before income taxes of $595,000 a year ago. Net loss attributable to the company was $1,132,000 or $0.06 basic and diluted per share against net income attributable to the company of $353,000 or $0.02 basic and diluted per share a year ago. Revenue growth has been driven by increased market penetration, additional product offerings as well as promotional and marketing efforts.