Point Blank Solutions Reports 2008 Third Quarter Results Nov 18, 2008
001 par value, 100,000,000 shares authorized, 48,339,503 and 48,016,836 shares issued and outstanding, respectively 48 48 Additional paid in capital 89,635 84,552 Accumulated deficit (69,877) (73,753) ------- ------- Total stockholders' equity 19,806 10,847 ------ ------ Total liabilities and stockholders' equity $145,321 $156,367 ======== ======== POINT BLANK SOLUTIONS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (In thousands, except per share data) For... (PR Newswire)
Yuhe International Inc. Reports Third Quarter 2008 Results Nov 15, 2008
001 par value; authorized 500,000,000 shares authorized, 15,543,330 and 8,626,318 equivalent shares issued and outstanding 15,543 8,626 Additional paid-in capital 29,760,489 2,041,474 Retained earnings 2,821,237 (2,212) Accumulated other comprehensive income 1,142,354 -- Total stockholders' equity 33,739,623 2,047,888 Total liabilities and stockholders' equity $52,899,233 $2,050,168 Table 3 YUHE INTERNATIONAL, INC. (Formerly known as First Growth Investors Inc.) CONDENSED CONSOLIDATED STATEMENTS... (PR Newswire)
VeraSun forecasts drastically higher 3Q loss Nov 15, 2008
The company said it expects to report a third-quarter gross loss -- net sales less the cost of goods sold -- of $206. 7 million. (Madison Daily Leader, SD)
The Singing Machine Company Reports 2nd Quarter Results Nov 15, 2008
Source: The Singing Machine Company. --(BUSINESS WIRE)--The Singing Machine Company (Singing Machine or the Company)(AMEX: - ) announced today its results for its second quarter fiscal ended September 30, 2008. (Yahoo! Wire -- Entertainment News)
Escalon(R) Reports First Quarter Fiscal 2009 Results Nov 14, 2008
Cost of goods sold as a percentage of product revenue decreased slightly to approximately 56% of product revenues, compared to approximately 57% of product revenue for the 2008 first quarter, and operating expenses increased approximately 11 ... " Non-GAAP Measures To supplement the Company's consolidated financial statements presented in accordance with GAAP, the Company has begun providing certain non-GAAP measures of financial performance. These non-GAAP measures include non-GAAP net loss and... (PR Newswire)
BioFuel Reports Third Quarter Results Nov 14, 2008
8 million in cost of goods sold, including $74 ... Contact: Kelly G. Maguire For more information: Vice President - Finance & Chief Financial Officer (303) 640-6500 BioFuel Energy Corp. (in thousands, except per share amounts) Three Months Ended Nine Months Ended Summary Income Statement September 30, September 30, (unaudited) 2008 2007 2008 2007 Net sales $90,549 $- $90,841 $- Cost of goods sold 103,765 - 104,021 - Gross profit (loss) (13,216) - (13,180) - Selling, general and administrative... (PR Newswire)
Media Sciences Reports First Quarter Financial Results Nov 14, 2008
Media Sciences International is the leading independent manufacturer of color workgroup printer supplies. (PRNewsFoto/Media Sciences International, Inc.) OAKLAND, NJ UNITED STATES. (PR Newswire)
Pure Energy Services Ltd. Announces Fiscal and Operating Results for the Third Quarter Ended September 30, 2008 Nov 14, 2008
PURE ENERGY SERVICES LTD. Consolidated Balance Sheets ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- (Unaudited, stated in thousands of Canadian Dollars) As At September 30, December 31, 2008 2007 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- Assets Current assets Cash $ 6,205 $ 2,043... (CCNMatthews Press Releases)
Ag Growth Announces Q3 2008 Results and Distributions Nov 14, 2008
References to "gross margin" are to sales less cost of goods sold ... OPERATING RESULTS Three Months Nine Months Ended Ended (thousands of dollars) September 30 September 30 2008 2007 2008 2007 Sales $ 60,012 $ 40,762 $ 151,100 $ 103,808 Cost of goods sold 38,134 23,492 97,330 61,743 ---------------------------------------- Gross margin 21,878 17,270 53,770 42,065 ---------------------------------------- General, administrative and other (1) 6,884 5,261 20,387 14,659 Long-term incentive plan 150... (CCNMatthews Press Releases)
Phoenix Footwear Group Announces Third Quarter Fiscal 2008 Financial Results Nov 12, 2008
0% Cost of goods sold 12,538 67 ... 0% Cost of goods sold 38,456 65. (PR Newswire)
Emergent Group Inc. Reports Record Third Quarter Performance Highlighted by 72 Percent Rise in Net Income Nov 12, 2008
04 par value, 100,000,000 shares authorized 6,420,516 and 5,619,392 shares issued and outstanding 256,817 224,772 Additional paid-in capital 16,138,810 14,836,263 Accumulated deficit (8,905,877) (10,790,955) ----------- ----------- Total shareholders' equity 7,489,750 4,270,080 ----------- ----------- Total liabilities and shareholders' equity $16,740,109 $12,402,851 =========== =========== Emergent Group Inc. and Subsidiaries Condensed Consolidated Statements of Income (Unaudited) Three Months... (Primezone Releases)
Diedrich Coffee Reports First Quarter Results Nov 11, 2008
Wholesale cost of goods sold increased over the prior year period as a percentage of wholesale revenues from 80. 6% to 82. (PR Newswire)
Cardium Reports on Third Quarter 2008 Financial Results and Revised Business Strategies for Operating Units Nov 11, 2008
Accutrol(R), Temperature Control Element(R) and TCE(R) and UroCool(TM) are trademarks of InnerCool Therapies, Inc. Selected Consolidated Operational Results (Unaudited) Three Months Ended Nine Months Ended September 30, September 30, 2008 2007 2008 2007 Statements of Operations Data: Total Revenues $585,421 $364,330 $1,858,264 $903,133 Cost of goods sold (514,243) (318,934) (1,199,193) (823,676) Gross profit 71,178 45,396 659,071 79,457 Research and development 2,947,997 3,243,008 10,289,883... (PR Newswire)
PMFG, Inc., Parent of Peerless Mfg. Co., Reports First Quarter Fiscal Year 2009 Financial Results Nov 10, 2008
During the first quarter of fiscal year 2009, the Company recorded as part of cost of goods sold $2 ... PMFG, Inc. Condensed Financial Information (In thousands, except per share amounts) Three Months Ended September 30, -------------------------------------------- 2008 2007 -------------------------------- -------- Operating Results GAAP Adjustments Non-GAAP GAAP -------- -------- -------- -------- Revenues $ 43,656 $ -- $ 43,656 $ 30,018 Cost of goods sold 32,379 (4,525) 27,854 19,633 --------... (Primezone Releases)
NUCRYST Announces Third Quarter 2008 Financial Results Nov 7, 2008
NUCRYST PHARMACEUTICALS CORP. Financial Highlights (unaudited) (thousands of U.S. dollars except share and per share data) --------------------------------------------- --------------------------- Condensed Three Months Ended Nine Months Ended Consolidated September 30 September 30 Statements of --------------------------- --------------------------- Operations 2008 2007 2008 2007 --------------------------------------------- --------------------------- Revenue $ 5,253 $ 7,525 $ 15,150 $ 18,857... (PR Newswire)
EZCORP Announces Fiscal 2008 Fourth Quarter and Yearend Results Nov 7, 2008
EZCORP, Inc. Highlights of Consolidated Statements of Operations (Unaudited) (in thousands, except per share data) Three Months Ended September 30, 2008 2007 1 Revenues: 2 Merchandise sales $34,926 $33,101 3 Jewelry scrapping sales 27,162 18,198 4 Pawn service charges 26,860 22,055 5 Signature loan fees 33,561 30,215 6 Other 893 323 7 Total revenues 123,402 103,892 8 Cost of goods sold: 9 Cost of merchandise sales 20,490 19,598 10 Cost of jewelry scrapping sales 17,180 12,791 11 Total cost of... (PR Newswire)
New Dragon Asia Corp. Reports Sequential and Year-on-Year Revenue Growth for the Third Fiscal Quarter 2008 Nov 7, 2008
NEW DRAGON ASIA CORP. AND SUBSIDIARIES CONSOLIDATED STATEMENT OF OPERATIONS (Amounts in thousands, except share data; unaudited) Three months ended Nine months ended September 25, September 25, ------------------ ------------------ 2008 2007 2008 2007 Net revenue $ 14,942 $ 13,955 $ 41,156 $ 38,150 Cost of goods sold (12,439) (11,148) (33,966) (30,865) -------- -------- -------- -------- Gross profit 2,503 2,807 7,190 7,285 Selling and distribution expenses (387) (302) (977) (825) General and... (Primezone Releases)
Eurand Reports Recent Developments and Third Quarter and Year-to-Date 2008 Financial Results Nov 7, 2008
Cost of goods sold were EUR14 ... Cost of goods sold were EUR 39 ... Selected Consolidated Statement of Operations Data -------------------------------------------------- Three months ended September 30, 2008 2008 2007 % Change At At current constant $'000(a) euro'000 euro'000 currency currency Product sales 26,251 20,131 15,853 +27% +34% Royalty income 2,625 2,013 1,090 +85% +103% Development fees 3,139 2,407 3,052 -21% -16% ------- ------- ------- ------- ------- Total revenues 32,015 24,551... (Primezone Releases)
Casio Reduces Full-Year Earnings Forecasts Citing Yen's Gains Versus Euro Nov 7, 2008
Operating profit, or sales minus the cost of goods sold and administrative expenses, will drop 21 percent from a year earlier to 30 billion yen this year, as revenue falls 6. 9 percent to 580 billion yen, Casio said. (Bloomberg -- Japan)
Savient Pharmaceuticals Reports Third Quarter 2008 Financial Results Nov 6, 2008
Cost of goods sold was $0 ... Cost of goods sold was $0 ... 01 par value 150,000,000 shares authorized; 54,335,000 issued and outstanding at September 30, 2008 and 53,712,000 shares issued and outstanding at December 31, 2007 Additional paid in capital 214,124 204,659 Accumulated deficit (127,409) (67,445) Accumulated other comprehensive income 114 1,314 Total stockholders' equity 87,372 139,065 Total liabilities and stockholders' equity $115,222 $167,173 SAVIENT PHARMACEUTICALS, INC. AND... (PR Newswire)
PGI Reports Third Quarter and Nine-Month Results Nov 6, 2008
The raw material component of the cost of goods sold as a percentage of net sales increased from 53 ... Investors and other readers are directed to consider the risks and uncertainties discussed in documents filed by Polymer Group, Inc. with the Securities and Exchange Commission, including the company's Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. For further information, please contact: Dennis Norman Vice President - Strategy rate Development (704) 697-5186 POLYMER... (PR Newswire)
Molson Coors Increases on Sales Gains, Quicker Cost Savings From Venture Nov 6, 2008
1 percent to $151 million before taxes as the cost of goods sold rose 7 percent because of higher material, packaging material and fuel prices. Earnings in the U.K. climbed 19 percent before taxes, helped by new contracts with suppliers and lower pension costs. (Bloomberg -- Canada)
MillerCoors income rises Nov 6, 2008
Profit growth was "driven primarily by strong pricing and reductions in marketing and overhead expenses, which more than offset increases in the cost of goods sold", said SABMiller, which has a 58 percent stake in the joint venture. MillerCoors reiterated its aim to achieve $500 million of cost savings in its first three years of combined operations. (Business Report, South Africa)
Sumitomo Realty Shares Plunge on Forecast Cut, Slide in First-Half Profit Nov 6, 2008
Office and residential leasing increased 20 percent to 57 billion yen, contributing 80 percent of Sumitomo's total operating profit, or sales minus the cost of goods sold and administrative expenses. Operating profit from housing sales fell by 67 percent to 11. (Bloomberg -- Japan)
Tredegar Reports Third-Quarter Results Nov 5, 2008
Tredegar Corporation Condensed Consolidated Statements of Income (In Thousands, Except Per-Share Data) (Unaudited) Third Quarter Ended Nine Months Ended September 30 September 30 2008 2007 2008 2007 Sales $228,709 $234,352 $691,197 $714,121 Other income (expense), net (e) 7,709 (1,986) 8,929 (1,533) 236,418 232,366 700,126 712,588 Cost of goods sold (a) 195,438 192,864 585,926 590,113 Freight 5,450 5,191 16,348 15,456 Selling, Rgeneral expenses 16,629 18,771 52,737 55,720 Amortization of... (PR Newswire)
Fujitsu acquisition to increase overseas presence Nov 5, 2008
Its operating profit, or sales minus the cost of goods sold and administrative expenses, was 72 million in that same period. The venture's sales totaled 6. (International Herald Tribune -- Business)
Premium Brands Income Fund Announces Record Third Quarter Sales and Earnings Nov 5, 2008
"Looking ahead, we are encouraged by our current sales levels and are optimistic about our growth opportunities going forward given that many of the unusual industry-wide issues that have impacted us this year are now largely behind us. Furthermore, the key consumer trends that have been driving our growth, namely trends toward better-for-you products, fresher convenience foods, higher quality food products in general and dining out, are continuing to generate strong momentum."In terms of our... (CCNMatthews Press Releases)
Third-quarter reporting season: The good, the bad and the ugly Nov 5, 2008
For the mining companies, the fall in metal prices was exacerbated by the impact of higher fuel-related costs which accounted for roughly 40 percent of the cost of goods sold (COGS). Going forward, we expect some shifts to occur within the good, the bad and the ugly. (Jakarta Post, Indonesia -- Business)
Sanyo Electric First-Half Profit More Than Doubles on Sale of Phone Unit Nov 5, 2008
02 trillion yen, while operating profit, or sales minus the cost of goods sold and administrative expenses, will drop 34 percent to 50 billion yen. Sanyo said the half-year net income includes a one-time gain from the 43. (Bloomberg -- Japan)
Fujitsu Buys Siemens Stake in Their Joint Computer Unit for $567 Million Nov 4, 2008
Maarssen, Netherlands-based Fujitsu Siemens earned net income of 69 million euros and operating profit, or sales minus the cost of goods sold and administrative expenses, of 72 million euros in the year ended March 31, Fujitsu said. The venture's sales totaled 6. (Bloomberg -- Germany)
NTT DoCoMo Profit Rises on Lower Handset Subsidies; Full-Year Forecast Cut Oct 31, 2008
DoCoMo maintained its forecast for 830 billion yen operating profit, or sales minus the cost of goods sold and administrative expenses, because lower handset sales will result in reduced expenses. Net income increased to 173. (Bloomberg -- Asia)
Rockford Corporation Reports Third Quarter and Year to Date 2008 Results Oct 31, 2008
Rockford Corporation Condensed Consolidated Statements of Operations (unaudited) For the Three and Nine Months Ended September 30, 2007 and 2008 ($000s omitted except per share amounts) Three months Nine months ended ended September 30, September 30, 2007 2008 2007 2008 Net sales $18,695 $18,187 $71,807 $58,418 Cost of goods sold 12,417 13,110 49,251 39,361 Gross profit 6,278 5,077 22,556 19,057 Operating expenses 5,841 5,755 21,294 19,377 Operating income (loss) 437 (678) 1,262 (320) Interest... (PR Newswire)
TSO3 Posts Sustained Revenue Momentum and Reduced Expenses in the Third Quarter Oct 31, 2008
The variance between the two periods is because of an increase in the cost of goods sold due to a superior number of devices sold ... The variance is also explained by an increase in the cost of goods sold, due to a superior number of devices sold. (Canada Newswire)
CON-SPACE Sales Increase, Profits Decrease Oct 31, 2008
Cost of goods sold as a percent of sales increased 0 ... 9% in 2007, which occurred due to the more accurate allocation of sales expenses to the cost of goods sold within Search Systems that had not been done previously. (CCNMatthews Press Releases)
EA Reports Second Quarter Fiscal Year 2009 Results Oct 31, 2008
Source: Electronic Arts Inc.. Quality Scores Rise for EA SPORTS. (Yahoo! Wire -- Entertainment News)
Cereal, snack sales boost Kellogg's 3Q profit Oct 30, 2008
Kellogg said that despite some recent moderation of commodity costs, it still expects cost of goods sold to rise 5 percent in 2009. That includes 2. (San Diego Union-Tribune -- Business)
Pioneer Replaces President, Widens Net Loss Forecast on Demand, Strong Yen Oct 30, 2008
The operating loss, or sales minus the cost of goods sold and administrative expenses, will be 17 billion yen, compared with an earlier projected profit of 7 billion yen and 10. 9 billion yen a year earlier, Pioneer said. (Bloomberg -- Japan)
Nintendo Cuts Full-Year Profit Forecast 16% on Yen's Surge Against Dollar Oct 30, 2008
The company cut its forecast for operating profit, or sales minus the cost of goods sold and administrative expenses, by 3. 1 percent to 630 billion yen. (Bloomberg -- Japan)
Siliconware Precision Industries Reports a 8.8% Quarter-over-Quarter Increase in Revenues Resulting in Earnings per Share of NT$ 1.02 or Earnings per ADS of US$ 0.16 for Third Quarter 2008 Oct 29, 2008
-- Cost of goods sold was NT$ 13,203 million, representing an increase of 5 ... -- The accrued expenses of bonuses to employees accounted for under cost of goods sold totaled NT$ 231 million for the third quarter of 2008 ... 7 Cost of Goods Sold (410,427) (13,203,440) -76. (PR Newswire)
Quaker Chemical Announces Record Quarterly Sales and Higher Earnings Oct 29, 2008
Selling, general and administrative expenses ("SGcreased $1.7 million, compared to the third quarter of 2007, due to foreign exchange rate translation. Investments in higher growth areas, as well as inflationary increases, were offset by lower legal, environmental and other costs. SG percentage of sales was 24% versus 26% in the third quarter of 2007. Effective October 3, 2008, Ronald J. Naples, Chairman, retired as Quaker's Chief Executive Officer. As further discussed in the Company's 8-K... (PR Newswire)
STMicroelectronics Reports 2008 Third Quarter and Nine-Month Revenues and Earnings Oct 29, 2008
2% Reported earnings in the third quarter of 2008 also included some specific pre-tax quarter-related accounting factors, namely: -- The purchase accounting for the ST-NXP Wireless JV resulted in a $57 million inventory step-up charged to Cost of Goods Sold and a $76 million in-process Re-off. In addition, $12 million of recurring amortization is included in operating expenses. (PR Newswire)
ST swings to loss on Numonyx, NXP JV charges Oct 29, 2008
The purchase accounting for the ST-NXP Wireless JV resulted in a $57 million inventory step-up charged to cost of goods sold and a $76 million in-process Re-off, ST said. ST said its net revenue for the quarter increased 2. (EETimes)
Panasonic Second-Quarter Profit Falls 16% as Rising Yen Erodes Sales Value Oct 28, 2008
Operating profit, or sales minus the cost of goods sold and administrative expenses, dropped 19 percent to 118. 6 billion yen. (Bloomberg -- Asia)
Corporacion GEO Reports Strong Revenue and EBITDA Growth, Demonstrates Success of Seasonality Reduction Strategy Oct 28, 2008
4% Cost of Goods Sold 3,106,255 2,797,624 308,631 11 ... 4% Cost of Goods Sold 9,064,910 7,552,957 1,511,954 20. (PR Newswire)
CE Franklin Ltd. announces 2008 Third Quarter Results Oct 28, 2008
Inventory turns are calculated using cost of goods sold for the quarter on an annualized basis compared to the period end inventory balance. The company will continue to adjust its investment in inventory to align with anticipated activity levels in order to improve inventory turnover efficiency. (PR Newswire)
Canon's third-quarter profit is hit by the rising yen Oct 28, 2008
Operating profit, or sales minus the cost of goods sold and administrative expenses, is projected to drop 23 percent to 580 billion this year. Canon earlier predicted 770 billion. (International Herald Tribune -- Business)
Frederick's of Hollywood Group Inc. Reports Fiscal 2008 Fourth Quarter and Year End Financial Results Oct 25, 2008
FREDERICK'S OF HOLLYWOOD GROUP INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In Thousands, Except Per Share Amounts) Quarter Ended Year Ended July 26, July 28, July 26, July 28, 2008* 2007 2008* 2007 Net sales $42,093 $32,829 $ 182,233 $ 155,238 Cost of goods sold, buying and occupancy 29,060 21,078 115,306 90,201 Gross profit 13,033 11,751 66,927 65,037 Selling, general and administrative expenses 19,585 14,462 80,108 61,996 Operating income (loss) (6,552) (2,711) (13,181) 3,041 Interest expense,... (PR Newswire)
Honda Operating Profit May Fall 40% as Yen Gains, Sales Slow, Nikkei Says Oct 25, 2008
Honda's operating profit, sales minus the cost of goods sold and administrative expenses, may decline to as low as 550 billion yen ($5. 8 billion) for the year ending March 31, Nikkei reported, without saying where it got the information. (Bloomberg -- Japan)
Chi Mei Optoelectronics Announces Unaudited Third Quarter 2008 Oct 24, 2008
1% Cost of Goods Sold -79,537 -97. 0% -74,267 -77. (PR Newswire)
Performance Technologies Announces Third Quarter 2008 Financial Results Oct 24, 2008
PERFORMANCE TECHNOLOGIES, INCORPORATED AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (unaudited) ASSETS September 30, December 31, 2008 2007 Current assets: Cash and cash equivalents $27,948,000 $15,592,000 Investments 3,509,000 14,150,000 Accounts receivable 6,577,000 7,933,000 Inventories 5,511,000 4,783,000 Prepaid income taxes 482,000 713,000 Prepaid expenses and other assets 559,000 916,000 Deferred taxes 1,963,000 2,037,000 Total current assets 46,549,000 46,124,000 Investments 3,960,000... (PR Newswire)
Samsung profit plummets Oct 24, 2008
Operating profit, or sales minus the cost of goods sold and administrative expenses, fell 51% to 1. 02 trillion won, compared with the median estimate of 855 billion won in the Bloomberg survey. (Sydney Morning Herald -- Business)
VASCO Reports Results for Third Quarter and First Nine Months of 2008 Oct 23, 2008
VASCO Data Security International, Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share data) (unaudited) Three months ended Nine months ended September 30, September 30, 2008 2007 2008 2007 Net revenue $39,705 $29,977 $104,042 $88,824 Cost of goods sold 11,866 10,009 30,761 30,639 Gross profit 27,839 19,968 73,281 58,185 Operating costs: Sales and marketing 8,878 6,246 25,615 18,995 Research and development 3,056 2,553 8,712 6,552 General and administrative 4,344 2,666... (PR Newswire)
Smurfit-Stone Reports Third Quarter 2008 Results Oct 23, 2008
SMURFIT-STONE CONTAINER CORPORATION CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except per share data) (Unaudited) Three Months Ended Nine Months Ended September 30, September 30, 2008 2007 2008 2007 Net sales $1,879 $1,885 $5,509 $5,579 Costs and expenses Cost of goods sold 1,696 1,596 4,938 4,815 Selling and administrative expenses 148 163 496 496 Restructuring expense 14 11 27 45 (Gain) loss on disposal of assets (1) 64 (5) 64 Income from operations 22 51 53 159 Other income (expense)... (PR Newswire)
PotashCorp Third-Quarter Earnings of $1.24 Billion Exceed 2007 Full-Year Record Oct 23, 2008
" Market Conditions While grain and oilseed prices remained supportive through the third quarter, they were caught up in a broad decline in commodity prices initiated by concerns over the potential impact of inflation on world economic growth. The global financial crisis exacerbated these conditions, damaging investor confidence and sparking sales of liquid assets. By the end of the quarter, we believe lower crop prices no longer reflected the strong underlying global grain fundamentals, and... (Canada Newswire)
Canexus Income Fund Announces Third Quarter Results Oct 23, 2008
Operating Results for the Three and Nine Months Ended September 30, 2008 and 2007 Three Months Ended Nine Months Ended September 30 September 30 CAD thousands 2008 2007 2008 2007 ---------------------------------------------------------------------------- Revenues Sales 130,373 104,990 349,864 310,276 ---------------------------------------------------------------------------- Expenses Cost of Goods Sold 90,503 68,872 251,931 219,256 Amortization 11,151 11,034 31,814 32,804 General and... (CCNMatthews Press Releases)
TDK's Sawabe Says he Will Cut a Third of Workers in China on Rising Costs Oct 23, 2008
The company said in July , or sales minus the cost of goods sold or administrative expenses, will probably fall 21 percent to 69 billion yen for the year started April 1. Operating margin measures the percentage of sales left after deducting manufacturing and administrative costs. (Bloomberg -- Japan)
NEC Slashes Full-Year Profit Forecast More Than 50% as Spending Dries Up Oct 22, 2008
Operating profit, or sales minus the cost of goods sold and administrative expenses, is predicted to drop 24 percent to 120 billion yen, less than the 170 billion yen estimated previously, NEC said. Sales are forecast to decline 0. (Bloomberg -- Asia)
KDDI Second-Quarter Profit Rises 24% to $790 Million on Lower Subsidies Oct 22, 2008
Second-quarter operating profit, or sales minus the cost of goods sold and administrative expenses, rose 27 percent to 138. 5 billion yen. (Bloomberg -- Japan)
NEC Electronics Changes Full-Year Earnings Forecast to Loss from Breakeven Oct 21, 2008
or sales minus the cost of goods sold and administrative expenses, will probably fall 80 percent to 1 billion yen this year, falling short of the 10 billion yen forecast in July, the company said. Sales will decline 4 percent 660 billion yen. (Bloomberg -- Japan)
Businesses tuned into election Oct 17, 2008
Through it, businesses are taxed on the lesser of three values: total revenue minus the cost of goods sold, total revenue minus employee compensation and benefits, or 70 percent of total revenue. Newton says he has heard from dozens of small business owners around the state who said they had to go to the bank and take out a loan just to pay their taxes under the new tax structure. (San Antonio Business Journal, TX)
* LG display profit beats 3Q estimates Oct 15, 2008
Operating profit, or sales minus the cost of goods sold and administrative expenses, dropped 63 percent to 254 billion won. The company was projected to report operating profit of 221. (Taipei Times, Taiwan -- World)
Despite economy, dealerships are still moving autos Oct 15, 2008
"Of if they need a car, they look for used cars which have a lower price. "Until the economy picks up, they're just going to have those types of problems," he said, referring to the auto dealers. They will try to give bigger rebates to try to induce people to buy a new car, Fuhr said. NADA stats This year should see a continued decrease of about 3 percent in sales, NADA reported. Despite the less-than-rosy picture, the average dealership saw sales rise in almost all departments for the year. The... (The Delaware County Times, PA)
Burnham Holdings, Inc. Announces Third Quarter and Nine Months Results and Declares Dividend Oct 10, 2008
Consolidated Statements of Operations (In thousands, except Three months ended Nine months ended per share data) September September September September (Data is unaudited 28, 30, 28, 30, (see Notes)) 2008 2007 2008 2007 Net sales $62,904 $59,764 $149,802 $154,248 Cost of goods sold 48,381 45,579 119,743 119,891 Gross profit 14,523 14,185 30,059 34,357 Selling, administrative and general expense 10,143 10,414 28,403 30,303 Operating income 4,380 3,771 1,656 4,054 Other income (expense)... (PR Newswire)
J. Front Retail Group May Miss Forecast as Consumers Cut Back, Nikkei Says Oct 4, 2008
Operating profit, sales minus the cost of goods sold and administrative expenses, may slide 20 percent to 34 billion yen ($323 million) for the year ending February, the newspaper reported without saying who provided the information. That compares with Tokyo-based J. Front's forecast of a 6 percent decline to 40 billion yen. (Bloomberg -- Japan)
Media Sciences Reports Annual Financial Results, Cost Reduction Plan, Litigation Settlement and Debt Financing Sep 25, 2008
40 MEDIA SCIENCES INTERNATIONAL, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS Year Ended June 30, 2008 2007 NET REVENUES $24,237,566 $22,517,129 COST OF GOODS SOLD: Cost of goods sold, excluding depreciation and amortization, product warranty, and shipping and freight 11,159,459 8,493,864 Depreciation and amortization 568,837 612,561 Product warranty 877,442 724,646 Shipping and freight 528,228 496,252 Total cost of goods sold 13,133,966 10,327,323 GROSS PROFIT 11,103,600... (PR Newswire)
A case of triple trouble Sep 24, 2008
or 'what if the cost of goods sold increase by 10. . (Sydney Morning Herald -- Business)
Sigma sticks to full-year guidance Sep 23, 2008
But managing director Elmo de Alwis said the company would only meet its full-year profit guidance provided there was a "stable regulatory environment", no major new disruptions to the generics market, a continuation of working capital optimisation and additional cost of goods sold reduction benefits and reversal of de-stocking impact. Mr de Alwis said sales revenue for the six months rose 2 per cent to $1. (The Australian)
Toshiba Cuts Full-Year Profit Outlook 46% on Loss at Semiconductor Unit Sep 20, 2008
In April it forecast 290 billion yen in operating income, or sales minus the cost of goods sold and administrative expenses, on 8 trillion yen in revenue. JP Morgan Forecast. (Bloomberg -- Japan)
Sony Falls to Five-Year Low After Goldman Sachs Cuts Rating to `Neutral' Sep 18, 2008
The brokerage predicts operating profit, or sales minus the cost of goods sold and administrative expenses, of 385 billion yen ($3. 7 billion) for the year ending March 31, lower than its earlier projection of 470 billion yen. (Bloomberg -- Asia)
OMNOVA Solutions Reports Third Quarter 2008 Earnings Per Share of $0.07 Despite Record High Raw Material Costs Sep 18, 2008
Cost of goods sold increased $40 ... " Selling, general and administrative expense as a percentage of sales fell to 11.1% in the third quarter of 2008 as compared to 12.2% a year ago. Expenses in the third quarter of 2008 were $26.7 million, including $1.9 million from the Asian businesses, as compared to $24.0 million last year. Interest expense decreased $0.5 million, to $3.0 million, for the third quarter of 2008 due to significantly lower average interest rates as a result of the Company's... (PR Newswire)
China Precision Steel Announces Fiscal Year 2008 Results Sep 16, 2008
2008, 2007 and 2006 2008 2007 2006 Revenues Sales revenues $87,739,326 $53,960,243 $34,881,141 Cost of goods sold 65,241,825 38,925,987 24,892,154 Gross profit 22,497,501 15,034,256 9,988,987 Operating expenses Selling expenses 608,060 245,695 122,220 Administrative expenses 2,758,536 1,863,994 505,764 Provision for bad debts 686,955 3,775,645 -- Depreciation and amortization expense 64,253 44,375 40,005 Total operating expenses 4,117,804 5,929,709 667,989 Income from continuing operations... (PR Newswire)
Groupe Bikini Village Inc. Reports Second Quarter Results Sep 12, 2008
GROUPE BIKINI VILLAGE INC. STATEMENT OF OPERATIONS (in thousands of dollars except per share amounts) Three months ended Six months ended August 2, August 4, August 2, August 4, 2008 2008 2008 2008 (unaudited) (unaudited) (unaudited) (unaudited) -------------------------------------------------------------------------- Operating revenue $12,768 $13,492 $22,689 $21,501 Cost of goods sold, operating and administrative expenses 10,998 11,228 20,289 19,263... (CCNMatthews Press Releases)
Tokyo Electron Says It Will Expand Maintenance Services to Boost Profit Sep 10, 2008
The Tokyo-based company's current operating margin, or the percentage of sales left after subtracting the cost of goods sold and administrative expenses, compares with 25 percent for Applied Materials and 22 percent for , Europe's largest semiconductor equipment maker. Profit Declines. (Bloomberg -- Japan)
PMFG, Inc. (Parent of Peerless Mfg. Co.) Reports Fourth Quarter and Fiscal Year 2008 Financial Results Sep 9, 2008
Also during the fourth quarter, the Company recorded as part of cost of goods sold $2 ... Three Months Ended Three Months Ended June 30, 2008 June 30, 2007 Adjust- Adjust- Operating Results GAAP ments Non-GAAP GAAP ments Non-GAAP Revenues $40,935 $- $40,935 $26,221 $- $26,221 Cost of goods sold 32,877 (4,992) 27,885 17,916 - 17,916 Gross profit 8,058 4,992 13,050 8,305 - 8,305 Operating expenses 9,513 - 9,513 6,158 - 6,158 Gain on sale or property - - - 3,501 3,501 - Operating income (1,455)... (PR Newswire)
/C O R R E C T I O N from source -- Major Drilling Group International Inc./ Sep 9, 2008
INVENTORY --------- The cost of inventory recognized as an expense and included in cost of goods sold for the three months ended July 31, 2008 was $37,450. During the period, there were no significant write-downs of inventory as a result of net realizable value being lower than cost and no inventory write-downs recognized in previous years were reversed. (Canada Newswire)
Saab Says Profit Hurt by Swedish Defense Budget `Turmoil,' Marketing Costs Sep 6, 2008
Saab intends to save 1 billion kronor by 2011, mainly by reducing the cost of goods sold, enabling it to finance more product research. Europe's biggest defense company and owner of 22 percent of Saab, fell 2. (Bloomberg -- Europe)
Take-Two Interactive Software, Inc. Reports Record Third Quarter Fiscal 2008 Financial Results Sep 5, 2008
Total cost of goods sold ... Total cost of goods sold. (Yahoo! Wire -- Entertainment News)
Mindray Medical International Announces Second Quarter 2008 Results Sep 4, 2008
Total share-based compensation expenses, which were allocated to cost of goods sold and related operating expenses, were US$2. 4 million in the second quarter 2008, compared to US$1. (PR Newswire)
Blyth, Inc. Reports 2nd Quarter Sales and Earnings Sep 4, 2008
BLYTH, INC. Condensed Consolidated Statements of Earnings (In thousands except per share data) (Unaudited) Three Three Six Six Months Months Months Months Ended Ended Ended Ended July 31, July 31, July 31, July 31, 2008 2007 2008 2007 -------- -------- -------- -------- Net sales $236,786 $234,871 $486,634 $505,238 Cost of goods sold 108,779 113,501 219,196 242,164 -------- -------- -------- -------- Gross profit 128,007 121,370 267,438 263,074 Selling 87,691 78,996 186,365 172,645... (Primezone Releases)
Shadows Darken Sun Sep 3, 2008
Sacconaghi does note that Sun's gross margins (which measure profits minus the cost of goods sold) come in at a very respectable 45. You might think such an underperforming company would make a ripe target for a buyout fund. (Forbes -- Technology)
Delek Group Announces Consolidated Results for the Second Quarter and First Six Months of 2008 Aug 31, 2008
However, results were also positively impacted by a strong distillate crack spread and continued fuel margin benefit from the company's ethanol blending program, which resulted in higher fuel margins at the retail segment and lower cost of goods sold at the refinery. Delek -- the Israel Fuel Company Ltd. (TASE: DLKIS; Delek Group holds 89% end-Q2 2008): Net income for the first sixth months of 2008 was NIS 68 million compared with 45 million in the same period last year. (PR Newswire)
This Labor Day, let us praise the older worker Aug 30, 2008
Companies with highly engaged workers, the study noted, are more likely to exceed their industry-average revenue growth and sport a lower-thanaverage cost of goods sold. Second, experience. (Lodi News Sentinel, CA)
Nintendo Raises Annual Profit Forecast by 26% on DS, Wii Game Player Sales Aug 29, 2008
Nintendo increased its projection for operating , or sales minus the cost of goods sold and administrative expenses, by 23 percent to 650 billion yen. The revenue forecast was bolstered 11 percent to 2 trillion yen, it said. (Bloomberg -- Japan)
Essilor's First-Half 2008 Results Aug 28, 2008
4% to EUR867 million Gross margin (revenue less cost of goods sold, expressed as a percentage of revenue) stood at 57. 0%, compared with 57. (PR Newswire)
Borders Group Reports Improved Q2 2008 Results; Debt Reduced by $272 Million from Prior Year Aug 27, 2008
4 Cost of goods sold, including occupancy costs 575 ... 0 Cost of goods sold, including occupancy costs 76 ... 1 Cost of goods sold, including occupancy costs 1,141. (Yahoo! Wire -- Entertainment News)
