Boulder Brands Q2 Profit Matches Estimates - Quick Facts

(RTTNews) - Boulder Brands, Inc. (BDBD) reported that its second-quarter net income to stockholders decreased to $2.79 million or $0.04 per share from $3.10 million or $0.05 per share, last year. Excluding certain items, non-GAAP earnings per share were $0.05 in the second quarter of 2014.

On average, 11 analysts polled by Thomson Reuters expected the company to report profit per share of $0.05 for the quarter. Analysts' estimates typically exclude special items.

Net sales increased to $131.35 million from $110.67 million, last year. Analysts expected revenue of $130.29 million for the quarter. Organic net sales increased 19.4%.

The company reaffirmed its previously stated 2014 guidance. The company continues to expect net sales to be in the range of $540 to $550 million, adjusted EBITDA to be in the range of $89 to $91 million, and earnings per share to be in the range of $0.39 to $0.41. Analysts expect the company to report 2014 earnings per share of $0.40 on revenue of $544.94 million.