Electronic Cigarettes International Group, Ltd. announced financial results for the first quarter ended March 31, 2015. For the quarter total revenue was $11.1 million, compared with $4.1 million in the first quarter of 2014. Net loss for the first quarter of 2015 was $67.5 million, compared with a net loss of $86.4 million in the first quarter of 2014.

Adjusted EBITDA was negative $2.2 million after adding back non-cash charges of $15.5 million compared with adjusted EBITDA (which adds back the equivalent non-cash charges) in the first quarter of 2014 of negative $5.1 million.