date:Jul 27, 2012
on, down compared to net income of $5.6 million for the previous year.
NGVC generated EBITDA of $11.1 million in the six months ended March 31, which increased $4 million, or 57.5 percent in the comparable last year.
EBITDA has increased steadily, with a compound annual growth rate of 10.4 percent from fiscal year 2009 to fiscal year 2011, the company said.
SunTrust Robinson Humphrey, Inc. and Piper Jaffray Co. are the lead underwriters.