News & Videos - YUNHONG CTI LTD.

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...

Bringing patented advanced materials to the US to enhance environmental sustainability LAKE BARRINGTON, IL / ACCESSWIRE / December 1, 2022 / 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 Yunhong Biotechnology, Inc. ("YB"), a member of the Yunhong Group family of companies, established to bring to the U.S. market its advanced materials for a...

Third Quarter and Nine-Month 2022 Financial Highlights Net sales of $2.3 million, as compared to $5.2 million in the prior year period, while for the nine-months of 2022 net sales were $12.5 million, as compared to $17.5 million for the comparable period of 2021 Lower revenues for three-and nine-month period in 2022 primarily attributable to high price of helium Helium pricing has moderated downward during the third quarter although it remains a challenge on everyday order volumes Net loss...

LAKE BARRINGTON, IL / ACCESSWIRE / November 3, 2022 / 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 Wednesday, November 16, 2022 at 10:00 am ET to review its third quarter 2022 financial results. Conference Call / Webcast Information The live webcast will be available...

Second Quarter and Six-Month 2022 Financial Highlights Net sales of $4.4 million, as compared to $5.7 million in the prior year period Despite a strong start in April, the elevated price of helium impacted foil balloon customer demand significantly during May and June Net loss of $0.10 per share, as compared to a gain of $0.27 per share in the prior year period, which included a one-time gain on the sale of a building of approximately $3.4 million, or $0.57 per share Adjusted EBITDA improved...

Bringing patented advanced materials to the US to enhance environmental sustainability LAKE BARRINGTON, IL / ACCESSWIRE / August 11, 2022 / 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 the arrival of Yunhong Biotechnology, Inc. ("YB") in the United States. YB, a member of the Yunhong Group family of companies, was established in California to...

LAKE BARRINGTON, IL / ACCESSWIRE / August 2, 2022 / 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 Tuesday, August 16, 2022 at 10:00 am ET to review its second quarter 2022 financial results. Conference Call / Webcast Information The live webcast will be available at...

First Quarter 2022 Financial Highlights Net sales of $5.8 million, as compared to $6.6 million in the prior year period Net sales affected by timing of a portion of Mother's Day product shipments which shipped in early April this year instead of late March last year Net loss of $0.04 per share, as compared to a loss of $0.36 per share in the prior year period, which includes the loss attributable to the Company's Flexo Universal ("Flexo") subsidiary. The Company disposed of its Flexo subsidiary...

LAKE BARRINGTON, IL / ACCESSWIRE / May 12, 2022 / 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, May 19, 2022 at 10:00 am ET to review its first quarter 2022 financial results. The Company expects to file its quarterly report on form 10-Q for the quarter ended...

Financial Results (Unaudited) Net sales increased 14% to $24.1 million as compared to $21.1 in the previous year Gross profit increased to $3.8 million, or 22.6% as compared to $3.1 million in the previous year Net loss per share includes the net disposition cost of our Flexo subsidiary Business Highlights Completed realignment of operations to position the Company for improved performance and growth Successfully refinanced term loan obligations and entered into a new Revolving Credit and...

LAKE BARRINGTON, IL / ACCESSWIRE / March 30, 2022 / 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 Wednesday, April 13, 2022 at 10:00 am ET to review its financial results from 2021 and discuss its business as it begins 2022. Conference Call / Webcast Information The...

Company expects momentum to build for future holidays LAKE BARRINGTON, IL / ACCESSWIRE / February 18, 2022 / Yunhong CTI Ltd. (NASDAQ:CTIB) ("Yunhong CTI" or the "Company"), a leading manufacturer of custom film products, foil balloons and novelty balloons, and flexible packaging products, announced strong 2022 Valentine's Day sales data with a major retailer. The Company's Candy Blossom gift items (typically candy with ribbon and a balloon in convenient, ready for gifting arrangement) sold...

Cesario brings more than 20 years of manufacturing experience as former CEO of Company Three new directors bring extensive financial, operational and market experience LAKE BARRINGTON, IL / ACCESSWIRE / January 11, 2022 / 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 Frank Cesario, the Company's former President, Chief Executive Officer and...