Big Lots Inc. (
BIG: chart), closeout retailer, said that its fourth-quarter net profit jumped to $104.3 million, or 94 cents per share, compared with $14.7 million, or 13 cents per share a year earlier due to an extra week in the quarter, higher same-store sales, an improved margin and a gain from discontinued operations. Net sales for the period increased 10.8% to $1.55 billion, with same-store sales rising 4.9%. Earnings included a $12.7 million profit from discontinued operations, compared to a loss of $23 million a year earlier. Earnings from continuing operations reached 83 cents a share from 33 cents a share.
Gatehouse Media (
GHS: chart), public newspaper publisher, said that its fourth-quarter profit increased to $7.75 million, or 23 cents per share, compared with $3.31 million, or 15 cents per share, after revenue climbed 86% to $97.9 million. It''s increasing its dividend by 16% from last quarter to 37 cents a share.
Blue Coat Systems Inc. (
BCSI: chart), Internet monitoring equipment maker, reported third-quarter net revenue of $47.1 million, compared with $35.5 million during the year-ago period. Net revenue in the quarter rose 32.6 percent to $47.1 million. Last month, the company had raised its forecast to $45.5 million to $47.5 million.
Gmarket Inc. (
GMKT: chart), electronic commerce merchant, said that its fourth-quarter net income increased to $6.8 million, or 13 cents per share, compared with $3.8 million, or 9 cents per share, a year earlier. Revenue jumped 67% to $51.6 million versus $30.9 million a year ago. The company''s gross merchandise value, which represents the total value of all items sold on Gmarket''s website, rose 53% to $737.4 million from $480.8 million.
Lumera Corp. (
LMRA: chart), which makes polymer-based devices for the bioscience and electro-optics industries, widened its fourth-quarter losses to $3.13 million, or 17 cents per share, compared with $2.62 million, or 16 cents per share, in the year-ago period. Revenue climbed to $1.16 million versus $240,000 in the same period a year earlier.
AeroVironment Inc. (
AVAV: chart), maker of unmanned aircraft systems, said that its third-quarter net profit increased to $8.89 million, or 57 cents per share, compared with $4.39 million, or 29 cents per share, in the year-ago period. Revenue climbed to $46.3 million against $35.5 million in the same period a year earlier.
NovAtel Inc. (
NGPS: chart), maker of global positioning system receivers and components, reported fourth-quarter net income of C$5.14 million ($4.6 million) or 58 Canadian cents a share (52 cents), compared with C$5.13 million, or 58 Canadian cents a share, in the year-ago period. Revenues climbed to C$19.2 million versus C$16.2 million in the same period a year earlier.
Jones Soda Co. (
JSDA: chart), natural soda maker, said that its fourth-quarter net earnings increased to $2.06 million, or 8 cents per share, compared with $580,245, or 3 cents per share, in the year-ago period. Revenue climbed to $10.05 million against $8.75 million in the same period a year ago.
Encysive Pharmaceuticals (
ENCY: chart), drug developer, said fourth-quarter losses widened to $25.8 million, 44 cents a share, compared with $19.4 million, or 33 cents per share, a year earlier, due primarily to costs related to the launch of Thelin tablets in Europe and maintaining its commercial infrastructure in the U.S. Revenue declined to $5.4 million versus $5.6 million in the same period a year ago.