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Earnings Analysis: 
Retalix Triples Net Profit on 52% Revenue Growth
Author: Ivaylo Dagnev
123jump.com
Last Update: 8:07 AM EST March 27 2006



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Retalix Ltd, global provider of enterprise-wide software solutions for food retailers, reported Q4 GAAP net income 32 cents per share, almost tripled from 11 cents per share for the prior-year period. Revenue rose 52% compared to the year-ago period and gross profit rose 46% in Q4 from the same period last year.

 
Retalix Ltd, (RTLX: chart), reported adjusted non-GAAP earnings for Q4 of 2005 of 37 cents per share, compared to adjusted non-GAAP earnings of 12 cents per share for Q4 of 2004. Adjusted non-GAAP earnings are taken without amortization of intangibles related to acquisitions net of tax of 5 cents per share.

Buca Inc, (BUCA: chart), Italian restaurants operator, posted a preliminary net loss of 32 cents a share, against a restated net loss of 90 cents a share in the same period a year ago on 5.3% sales growth. The company is restating results for fiscal 2001 through 2004 and the first three quarters of 2005. Buca Inc also added it has identified certain material weaknesses in its system of internal controls over financial reporting and will therefore provide more detail in its form 10-K for 2005, which it expects to file by March 27.

Cal-Maine Foods Inc, (CALM: chart), egg producer, reported Q3 net income of 34 cents a share, up from 10 cents a share a year earlier on sales growth and strong egg demand leading up to Easter.

Alvarion Ltd, (ALVR: chart), wireless broadband provider, reported that Q4 net loss was less than announced previously, in view of a favorable settlement with a former customer of interWAVE Communications International, bought by Alvarion in December 2004. The Alvarion’s revised net loss for Q4 was $3.9 million as opposed to the previously announced $4.8 million.
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