The McClatchy Company Earnings Call, Second Quarter 2008
Jul 25, 2:27 PM ET |
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| Continued decline in print advertising necessitates acceleration of plans to become a smaller, more efficient company positioned for future success. |
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| The media company realised income of $20 million or 24 cents per share, down 43% as revenues dropped 16% to $489.7 million from $580 million in 2007 as advertising revenues continued to be weak, despite the strong growth in the online business. Revenue improvement from recent trends depends upon the direction of the overall economy. The McClatchy Company remains focused on realigning its cost structure as it transitiona to an integrated multimedia company in print and online. |
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BMC Software Earnings Call, First Quarter 2009
Jul 25, 12:08 AM ET |
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| Quarterly net income fell to $1.2 million, or 1 cent per share, from $55 million, or 27 cents, a year ago on acquisition-related charges. |
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| The business software maker added that excluding charges related to its acquisition of BladeLogic, earnings would have been $82 million, or 43 cents a share. BMC took $97.6 million in charges related to the purchase of BladeLogic, which was offset by a tax benefit of $16.4 million. Revenue for the quarter grew 14% to $437.5 million from $385 million last year. The company reiterated full-year earnings outlook and expects to post growth in bookings and revenue in the low double digits. |
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Coach Earnings Call, Fourth Quarter 2008
Jul 30, 11:48 AM ET |
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| Profit increased to $213.5 million, helped by one-time items and the weak U.S. dollar. |
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| Sales climbed to $781.5 million from $652.1 million. Indirect sales increased 11% to $123 million from $111 million in the same period last year. Total revenues in North America were up 18% with directly operated stores generating a 22% gain driven by both distribution and an overall high single-digit comparison. Operating margin was 35.9% compared to 37.6% in the year ago quarter. The company forecast first-quarter profit of 44 cents a share. |
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Canon Earnings Call, Second Quarter 2008
Jul 25, 2:45 AM ET |
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| Canon posted a 107.84 billion yen ($1 billion) profit for the second quarter, down from 123.93 billion yen a year ago. |
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| The 13% decline in profit was attributed to the stronger yen which eroded the value of sales of color copiers overseas. Quarterly sales at the camera maker totaled 1.106 trillion yen ($10.26 billion), down 1.9% from a year ago. For the first six months of the year, Canon''''s net profit declined 15.9% to 214.49 billion yen ($2 billion). Canon lifted its full-year sales guidance to 4.59 trillion yen ($42.6 billion), up from an earlier outlook of 4.57 trillion yen. |
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Bookham Earnings Call, Fourth Quarter 2008
Jul 25, 2:43 AM ET |
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| Net loss, which included a $3.8 million one-time gain on a legal settlement, was $1.9 million, or net loss of $0.02 per share. |
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| The provider of optical components, modules and subsystems, said that the net loss compares with a net loss of $13.6 million, or a net loss of $0.17 per share, in the fourth quarter last year, and a net loss of $5.4 million, or a net loss of $0.05 per share, last quarter. Revenue was $62.6 million, up 39% from $45.1 million in the fourth quarter 2007 and 5% over the third quarter of fiscal 2008. Gross margin in the quarter was 22%, up 6 percentage points from a year ago. |
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CB Richard Ellis Group Earnings Call, Second Quarter 2008
Jul 31, 2:15 AM ET |
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| The group reported a revenue decline of 12% from $1.475 billion to $1.3 billion due to the challenging economic environment. |
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| The real estate firm was significantly impacted by the credit crisis and economic decline as shown by the decline in normalized EBITDA to $114.5 million which was 57% lower than the prior year at $153.1 million. However outsourcing continues to perform well with gains in market share and the firm remained aggressive in M&A experiencing growth in assets under management to $43.7 billion. The firm completed five transactions for an aggregate purchase price of $13 million. |
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Global Payments Earnings Call, Fourth Quarter 2008
Jul 25, 2:35 AM ET |
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| The Company concluded the U.K. joint venture with HSBC as management pursues the ongoing commitment to expanding international presence. |
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| The provider of electronic transaction processing services reported that full year revenues grew 20% to $1,274.2 million versus $1,061.5 million in 2007. Excluding the favorable impact of non-recurring, non-cash operating tax item, the unfavorable impact of a non-recurring, non-cash foreign currency item, and prior period restructuring and other charges, diluted EPS firmed 12% to $1.98 from $1.77 in 2007. Full year 2009 revenues are forecast to be between $1,620 million and $1,675 million. |
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B&G Foods Earnings Call, Second Quarter 2008
Jul 29, 2:42 AM ET |
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| Gross profit for the second quarter of 2008 decreased 10.1% to $33.6 million from $37.3 million in the second quarter of 2007. |
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| The manufacturer and distributor of high-quality, shelf-stable foods said that net sales for the quarter increased 0.8% to $119.2 million from $118.2 a year ago and attributed the increase to a jump in unit volume. Net sales for the first two quarters of 2008 rose 6.1% to $235.5 million from $221.9 million in the comparable period a year earlier. B&G Foods gross profit for the first two quarters of 2008 slid 2.2% to $68.5 million from $70 million in the comparable period of last year. |
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Anheuser-Busch Earnings Call, Second Quarter 2008
Jul 24, 2:42 AM ET |
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| Second-quarter profit rose nearly 2% to $689 million, or 95 cents a share, from $677 million, or 88 cents a share, a year ago. |
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| The brewer which has agreed to be acquired by Belgian rival InBev NV posted a bigger-than-expected jump in the latest quarter profit on price increases and the launch of new products such as Bud Light Lime. Quarterly net sales rose 4.6% to $4.72 billion, as Anheuser-Busch sold 43.1 million barrels of beer. The company raised its quarterly dividend 12% to 37 cents per share. Beer shipments to wholesalers increased 0.5% and sales from wholesalers to retailers rose 0.4% from a year ago. |
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Akamai Earnings Call, Second Quarter 2008
Jul 31, 2:41 AM ET |
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| Quarterly earnings rose to $34.3 million, or 19 cents per share, from $21.6 million, or 12 cents per share in the same period last year. |
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| The web content delivery company said its latest quarter profit climbed 59%, but sales missed expectations. Excluding amortization charges and other items, profit totaled 41 cents per share. Revenue jumped 27% to $194 million from $152.7 million a year earlier. During the second quarter, international sales represented 26% of total revenue, up 1 point from first quarter levels. International business grew 8% sequentially and 45% year over year. |
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