On May 15, 2013, Lifeway Foods reported results for its first quarter of 2013, ended March 31, 2013.
The company reported 1Q13 gross revenue increased by 28.1% to $27.6 million versus $21.5 million in the same period last year. Net income for the quarter was $12.4 million or $0.14 per share versus net income of $1.1 million or $0.07 per share last year.
Taglich Brothers' estimated gross revenue of $27.4 million and net income of $1.3 million or $0.08 per share.