Brownie's Marine Group Reports Third Quarter and YTD Results
Revenues Increase 50.2%, Gross Margin Significantly ImprovedFORT LAUDERDALE, Fl., November 14th, 2012 (GLOBE NEWSWIRE) -- Brownie's Marine Group, Inc. (OTCBB:BWMG), a leading developer, manufacturer and distributor of highly specialized dive and safety products, today announced its operating results for the third quarter and nine month year-to-date periods ended September 30, 2012 and September 30, 2011. Third Quarter 2012 compared to Third Quarter 2011 · Revenue increased 50.2% to $990,388 in 2012 compared to $659,261 in 2011. · The gross profit margin increased to 39.3% in 2012
