GLYE On Other Exchanges
Symbol
Exchange
OTC US
glyeco inc
Glyeco, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2019

GlyEco, Inc. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was USD 1.729 million compared to USD 1.261 million a year ago. Operating loss was USD 1.377 million compared to USD 1.030 million a year ago. Net loss was USD 1.723 million compared to USD 1.217 million a year ago. Basic loss per share was USD 1.25 compared to USD 0.92 a year ago. Basic loss per share from continuing operations was USD 1.16 compared to USD 0.87 a year ago.

Glyeco, Inc. AnnounceS Consolidated Earnings Results for the Full Year Ended December 31, 2018

GlyEco, Inc. announced consolidated earnings results for the full year ended December 31, 2018. For the full year, the company reported net sales were $6,457,484 compared to $5,806,907 a year ago. Loss from operations was $2,660,960 compared to $4,269,616 a year ago. Net loss was $5,313,936 compared to $5,181,535 a year ago. Basic and diluted loss per share was $3.97 compared to $4.55 a year ago. Basic and diluted loss per share from continuing operations was $2.58 compared to $4.46 a year ago.

GlyEco, Inc., Annual General Meeting, Mar 25, 2019

GlyEco, Inc., Annual General Meeting, Mar 25, 2019, at 09:00 US Eastern Standard Time. Location: offices of Robinson Brog Leinwand Greene Genovese and Gluck P.C. located at 875 Third Avenue, 9th Floor New York New York United States Agenda: To elect a board of directors of the company consisting of five members to serve until the next annual meeting of stockholders or until their successors have been duly elected and qualified; to ratify the selection of KMJ Corbin & Company, LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2018; to ratify the selection of KMJ Corbin & Company, LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2019; to consider and vote on a proposal to reincorporate the company from the State of Nevada to the State of Delaware; to approve, on an advisory basis, the compensation of the company’s named executive officers; and to transact such other business as may properly come before the annual meeting.

GlyEco, Inc. Reports Un-Audited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018

GlyEco, Inc. reported un-audited consolidated earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported sales net of $2.9 million compared to $3.3 million in 2017. Loss from operations was $1.1 million compared to $1.8 million a year ago. Loss before provision for (benefit from) income taxes was $1.3 million compared to $2.1 million a year ago. Net loss was $1.3 million or $1.00 per basic and diluted share compared to $2.1 million or $1.73 per basic and diluted share a year ago. Adjusted LBITDA was $0.7 million compared to $0.6 million a year ago. For the nine months, the company reported sales net of $9.4 million compared to $8.5 million in 2017. Loss from operations was $3.1 million compared to $3.3 million a year ago. Loss before provision for (benefit from) income taxes was $3.7 million compared to $4.1 million a year ago. Net loss was $3.7 million or $2.78 per basic and diluted share compared to $4.1 million or $3.77 per basic and diluted share a year ago. Adjusted LBITDA was $1.9 million compared to $1.4 million a year ago.

GlyEco, Inc. Announces Executive Changes

GlyEco Inc. announced that its Board of Directors has appointed Richard Geib as Chief Executive Officer, President and Board member. Mr. Geib is currently it's Chief Operating Officer, and prior to that, served as Chief Technical Officer. Mr. Geib succeeds Ian Rhodes, who recently announced his resignation to pursue new opportunities. Mr. Geib held positions of increasing responsibility over his 20 years with Monsanto, initially in engineering and manufacturing, and later after earning an MBA, in sales, marketing, major project management, and general management; in his last position at Monsanto's European headquarters in Brussels, Mr. Geib served as Director of Process Chemicals for Europe and Africa.

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