# RiceBran sustains loss in quarter from ‘unfavorable’ contract | 2019-08-14  | World Grain

> RiceBran Technologies posted a second-quarter loss, with gross losses of $244,000 and an adjusted EBITDA loss of $2.8 million. The company blamed an unfavorable rice contract and a debottlenecking project at its Golden Ridge mill, and expects better contracts to help in the second half.

- Date: 2019-08-14 · published 2019-08-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/57673-ricebran-sustains-loss-in-quarter-from-unfavorable-contract-2019-08-14-world
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

This is company-specific earnings news with no clear effect on rice or feed-ingredient supply, demand or prices.

## Sources

- world-grain.com: https://www.world-grain.com/articles/12466-ricebran-sustains-loss-in-quarter-from-unfavorable-contract

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.