YUNHONG CTI LTD. overview

New corporate name, Yunhong Green CTI LTD., reflects unified global presence and collective goal of bringing patented advanced materials to the North American marketplace to enhance environmental sustainability Developing compostable, biodegradable and recyclable components available for the Company's existing and expanding product lines Ticker symbol change from ‘CTIB' to ‘YHGJ' effective at the market open September 25, 2023 To mark the occasion, Company officials will celebrate the...

Select Financial Highlights (unaudited) - Second Quarter 2023 and 2022 Net sales were $4.1 million in the second quarter 2023, compared with $4.4 million in the second quarter 2022 While helium pricing continued to moderate after the significant spike in 2022, it negatively impacted foil-balloon sales in Q2 2023 Foil balloon sales improved by $0.3 million sequentially Net loss for the second quarter 2023 improved to $0.1 million, compared to net loss of less than $0.4 million in the second...

LAKE BARRINGTON, IL / ACCESSWIRE / July 20, 2023 / Yunhong CTI Ltd. (NASDAQ:CTIB ) ("Yunhong CTI" or the "Company"), a leading manufacturer of custom film products, novelty balloons, gift items and flexible packaging products, today announced that the Company will be hosting an investor conference call and live webcast on Thursday, August 3, 2023 at 10:00 am ET to review its second quarter 2023 financial results. Conference Call / Webcast Information The live webcast will be available at...

Financial Highlights (unaudited) Net sales were $5.1 million in the first quarter, compared with $5.8 million in the first quarter of 2022 While helium pricing continued to moderate after the significant 2022 spike, it continued to negatively impact foil-balloon sales Net income was $0.4 million, compared to net loss of less than $0.1 million in the first quarter of 2022 Adjusted EBITDA (a non-GAAP measure) was $0.7 million, compared to $0.3 million in the first quarter of 2022. Please refer to...

LAKE BARRINGTON, IL / ACCESSWIRE / April 18, 2023 / Yunhong CTI Ltd. (NASDAQ:CTIB ) ("Yunhong CTI" or the "Company"), a leading manufacturer of custom film products, foil and latex novelty balloons, and flexible packaging products, today announced that the Company will be hosting an investor conference call and live webcast on Thursday, April 27, 2023 at 10:00 am ET to review its first quarter 2023 financial results. Conference Call / Webcast Information The live webcast will be available at...

Financial Highlights (unaudited) Net sales in the fourth quarter were $5.6 million, as compared to $6.6 million in the prior year period Full year 2022 net sales were $18.0 million, as compared to $24.1 million for the comparable period of 2021 Lower revenues in 2022 primarily attributable to high price of helium, which negatively impacted foil-balloon sales Helium prices declined during the second half of 2022 and in early 2023 Despite 25% lower revenue for the full year, gross margins improved...

LAKE BARRINGTON, IL / ACCESSWIRE / February 13, 2023 / Yunhong CTI Ltd. (Nasdaq:CTIB ) ("Yunhong CTI" or the "Company"), a leading manufacturer of custom film products, foil and latex novelty balloons, and flexible packaging products, today announced that the Company will be hosting an investor conference call and live webcast on Thursday, February 23, 2023 at 10:00 am ET to review its fourth quarter and year end 2022 financial results. Conference Call / Webcast Information The live webcast will...

Under the banner Yunhong CTI Green Initiative, the two entities have partnered to develop compostable, biodegradable and recyclable components for the Company's existing and expanding product lines LAKE BARRINGTON, IL / ACCESSWIRE / January 26, 2023 / Yunhong CTI Ltd. (Nasdaq:CTIB ) ("Yunhong CTI" or the "Company"), a leading manufacturer of custom film products, foil and latex novelty balloons, and flexible packaging products, today announced that through its partnership with Yunhong...