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US – Farmer Bros. reports 4Q and Fiscal 2013 results

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Loss from operations in fiscal 2013 was $4.1 million compared to $22.1 million in fiscal 2012. Income tax benefit in fiscal 2013 increased to $0.8 million as compared to $0.3 million in fiscal 2012. As a result of the foregoing factors, net loss decreased to $8.5 million, or $0.54 per common share, in fiscal 2013 from $26.6 million, or $1.72 per common share, in fiscal 2012.

EBITDAE improved to $33.7 million as compared to $24.9 million in fiscal 2012. EBITDAE is a non-GAAP financial measure.

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