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Earnings Analysis: 
Aurizon Mines, Perry Ellis International Sales Up
Author: Mita Yagnik
123jump.com
Last Update: 9:23 AM ET March 19 2010



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9:30AM New York - Aurizon Mines Ltd revenue rose 12% and net income was $9.9 million. Perry Ellis International, Inc sales rose 3% and net income was $8.5 million.

Aurizon Mines Ltd (AZK), a gold producer reported fourth quarter revenues rose 12% to $42.0 million from $37.5 million a year ago. Net income in the quarter was $9.9 million or 6 cents per diluted share compared to net loss of $4.1 million or 3 cents per share a year ago.

Revenues for the year 2009 rose 21.5% to $175.6 million from $144.5 million a year ago. Net income for the year rose 649% to $36.7 million or 23 cents per diluted share compared to net income of $4.9 million or 3 cents per share a year ago.

Aurizon Mines Ltd, in the last one year traded as high as $5.61 in October 2009 and as low as $3.11 in July 2009. Based on the yesterday’s closing price of $4.70 the company has market cap of $747.20 million.

Perry Ellis International, Inc (PERY), an apparel company reported fourth quarter sales rose 3% to $196.4 million from $191.2 million a year ago. Net income in the quarter was $8.5 million or 64 cents per diluted share compared to net loss of $21.6 million or $1.58 per share a year ago.

Net sales for the year 2009 fell 11.4% to $754.2 million from $851.3 million a year ago. Net income for the year was $13.2 million or $1.01 per diluted share compared to net loss of $12.9 million or 89 cents per share a year ago.

Perry Ellis International, Inc, in the last one year traded as high as $23.21 in March 2010 and as low as $3.31 in March 2009. Based on the yesterday’s closing price of $22.97 the company has market cap of $312.25 million.
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