BRIEF-Clearwater Seafoods Inc posts Q1 adj. earnings $0.04/shr

Tue May 17, 2016 8:57am EDT
 
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May 17 (Reuters) - Clearwater Seafoods Inc

* Clearwater reports record first quarter results supporting positive outlook for 2016

* Q1 sales of $116.2 million, up 54 pct

* Q1 sales and gross margin helped by strong market demand in all regions as well as higher selling prices

* Qtrly earnings per share $0.24

* Qtrly adjusted earnings per share $0.04

* "global demand for seafood is outpacing supply"

* "supply of wild seafood is limited and is expected to continue to lag behind growing global demand" Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)