Profit

Trio-Tech Third Quarter Net Income is $0.19 Per Share Versus Loss

Retrieved on: 
Tuesday, May 14, 2019

Net income for the third quarter of fiscal 2019 ended March 31, 2019 was $683,000, or $0.19 per diluted share.

Key Points: 
  • Net income for the third quarter of fiscal 2019 ended March 31, 2019 was $683,000, or $0.19 per diluted share.
  • This compares to a net loss of $739,000, or $0.20 per share, for the third quarter of fiscal 2018.
  • Net income for the fiscal 2019 third quarter benefitted from $739,000 in other income, which included a gain of $685,000 on the sale of assets previously held for sale.
  • Income from operations for the third quarter of fiscal 2019 was $123,000 compared to $234,000 for the third quarter of fiscal 2018.

TransAlta Reports First Quarter 2019 Results

Retrieved on: 
Tuesday, May 14, 2019

ET) today, May 14, 2019, to discuss our first quarter 2019 results.

Key Points: 
  • ET) today, May 14, 2019, to discuss our first quarter 2019 results.
  • Please contact the conference operator five minutes prior to the call, noting "TransAlta Corporation" as the company and "Sally Taylor" as moderator.
  • Dial-in numbers First Quarter 2019 Results:
    Toll-free North American participants call: 1-888-231-8191
    Outside of Canada & USA call: 1-647-427-7450
    A link to the live webcast will be available on the Investor Centre section of TransAlta's website at http://www.transalta.com/investors/events-and-presentations .
  • During the first quarter of 2019, we revised our approach to reporting adjustments to arrive at comparable EBITDA, mainly to be more comparable with other companies in the industry.

Gilat Reports Continued Growth in Profitability in Q1 2019

Retrieved on: 
Tuesday, May 14, 2019

Revenues for Q1 2019 totaled $62.1 million compared with $67.4 million for Q1 2018.

Key Points: 
  • Revenues for Q1 2019 totaled $62.1 million compared with $67.4 million for Q1 2018.
  • Q1 2019 GAAP operating income increased 21.7% to $4.5 million from $3.7 million in Q1 2018.
  • Q1 2019 Non-GAAP operating income rose to $5.6 million, or by 9.5% from Q1 2018.
  • Q1 2019 Adjusted EBITDA increased 9.0% year over year to $8.2 million, or 13.2 % of revenues.

AmBase Reports Results For The Three Months Ended March 31, 2019

Retrieved on: 
Monday, May 13, 2019

BOCA RATON, Fla., May 13, 2019 /PRNewswire/ --AmBase Corporation ("AmBase" or the "Company") (OTC: ABCP) announced today a net loss of $858,0000 or $0.02 per share for the three months ended March 31, 2019.

Key Points: 
  • BOCA RATON, Fla., May 13, 2019 /PRNewswire/ --AmBase Corporation ("AmBase" or the "Company") (OTC: ABCP) announced today a net loss of $858,0000 or $0.02 per share for the three months ended March 31, 2019.
  • For the three months ended March 31, 2018, the Company recorded net income of $1,804,000 or $0.04 per share.
  • Included in the net income for 2018 is a net gain on the sale of real estate owned of $3,278,000.
  • The Company cautions readers that a variety of factors could cause the Company's actual results to differ materially from the anticipated results or other expectations expressed in the Company's forward-looking statements.

ALJ Regional Holdings, Inc. Announces Earnings For The Second Quarter Ended March 31, 2019

Retrieved on: 
Monday, May 13, 2019

Faneuil recognized net revenue of $46.6 million for the three months ended March 31, 2019 compared to $48.0 million for the three months ended March 31, 2018.

Key Points: 
  • Faneuil recognized net revenue of $46.6 million for the three months ended March 31, 2019 compared to $48.0 million for the three months ended March 31, 2018.
  • Faneuil segment adjusted EBITDA was $2.8 million for the three months ended March 31, 2019 compared to $2.9 million for the three months ended March 31, 2018.
  • Faneuil recognized net revenue of $101.8 million for the six months ended March 31, 2019 compared to $99.4 million for the six months ended March 31, 2018.
  • Faneuil segment adjusted EBITDA was $7.7 million for the six months ended March 31, 2019 compared to $6.6 million for the six months ended March 31, 2018.

Navigator Holdings Ltd. Preliminary Results for the Three Months Ended March 31, 2019

Retrieved on: 
Monday, May 13, 2019

Management believes that EBITDA and Adjusted EBITDA are useful to investors in evaluating the operating performance of the Company.

Key Points: 
  • Management believes that EBITDA and Adjusted EBITDA are useful to investors in evaluating the operating performance of the Company.
  • See the table above for a reconciliation of EBITDA and Adjusted EBITDA to net income/(loss), our most directly comparable financial measure calculated accordance with U.S. GAAP.
  • ET, the Company's management team will host a conference call to discuss the financial results.
  • There will also be a live, and then archived, webcast of the conference call, available through the Company's website ( www.navigatorgas.com ).

HealthWarehouse.com Reports Results for First Quarter 2019

Retrieved on: 
Monday, May 13, 2019

The Company is focused on the out of pocket prescription market, which is expected to exceed $50 billion in 2019.

Key Points: 
  • The Company is focused on the out of pocket prescription market, which is expected to exceed $50 billion in 2019.
  • Actual results may differ materially from those expressed in forward looking statements or in management's expectations.
  • More information about factors that potentially could affect HealthWarehouse.com's financial results is included in HealthWarehouse.com's audited Annual Reports and Quarterly Reports available at otcmarkets.com and its prior filings with the Securities and Exchange Commission.
  • In addition to disclosing financial results prepared in accordance with GAAP, the Company discloses information regarding Adjusted EBITDA, which is commonly used.

Track Group Reports 2nd Quarter Fiscal 2019 Financial Results

Retrieved on: 
Friday, May 10, 2019

Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "if", "should" and "will" and similar expressions as they relate to Track Group, Inc. and subsidiaries ("Track Group") are intended to identify such forward-looking statements.

Key Points: 
  • Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "if", "should" and "will" and similar expressions as they relate to Track Group, Inc. and subsidiaries ("Track Group") are intended to identify such forward-looking statements.
  • Track Group may from time to time update these publicly announced projections, but it is not obligated to do so.
  • This release includes financial measures defined as "non-GAAP financial measures" by the Securities and Exchange Commission including non-GAAP EBITDA.
  • Specific disclosure regarding the Company's financial results, including management's analysis of results from operations and financial condition, are contained in the Company's annual report on Form 10-K for the fiscal year ended September 30, 2018, and other reports filed with the Securities and Exchange Commission.

NuStar Energy L.P. Announces Agreement to Sell St. Eustatius Terminal for $250 Million and Reports First Quarter 2019 Earnings Results

Retrieved on: 
Friday, May 10, 2019

Adjusted EBITDA for the first quarter of 2019 was $171 million, consistent with first quarter 2018 adjusted EBITDA.

Key Points: 
  • Adjusted EBITDA for the first quarter of 2019 was $171 million, consistent with first quarter 2018 adjusted EBITDA.
  • First quarter 2019 distributable cash flow (DCF) available to common limited partners was $95 million, up $3 million from first quarter 2018 DCF available to common limited partners of $92 million.
  • The distribution coverage ratio to the common limited partners was 1.47 times for the first quarter of 2019.
  • We are maintaining our guidance for adjusted EBITDA for the full year at $665 to $715 million, said Shoaf.

Ubiquiti Networks Reports Third Quarter Fiscal 2019 Financial Results

Retrieved on: 
Friday, May 10, 2019

The increase in gross margin as a percentage of revenue for the third quarter fiscal 2019 as compared to the second quarter fiscal 2019 was driven by the mix of products sold and lower indirect expenses.

Key Points: 
  • The increase in gross margin as a percentage of revenue for the third quarter fiscal 2019 as compared to the second quarter fiscal 2019 was driven by the mix of products sold and lower indirect expenses.
  • Increased costs in third quarter fiscal 2019 as compared to both the prior year period and prior quarter is primarily driven by higher employee-related expenses.
  • The Companys sales, general and administrative (SG&A) expenses for the third quarter fiscal 2019 were $9.4 million.
  • During the third quarter fiscal 2019, GAAP net income was $88.3 million and non-GAAP net income was $88.9 million.