SALT LAKE CITY, UT--(Marketwired - Nov 16, 2015) - Green Endeavors, Inc. (
Revenues for the nine and three months ended September 30, 2015 were $2,193,790 and $733,642, compared to $2,428,730 and $744,856 for the same periods in 2014. This reflects a revenue decrease of 9.7% and 2.5% from the comparable periods in 2014.
Richard Surber, CEO of GRNE, commented, "Our revenues for the third quarter were down by 2.5%. The silver lining is that revenues are trending up. We had high costs associated with services as a result of increased hiring and training. However, this investment is already beginning to pay dividends based upon our October revenues. We reported a loss of $161,494 for the quarter most of which was attributable to interest expenses and related party interest expenses. As a result of paying off many loans, I expect interest expense to decrease significantly as well as we come into 2016."
About Green Endeavors, Inc.
Green Endeavors, Inc. (
Contact Information:
FOR MORE INFORMATION, CONTACT:
Richard Surber
President
Green Endeavors, Inc.
801-575-8073 x 111