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Earnings Analysis: 
WNS, TechTarget, Global Sources Fall
Author: 123jump.com Staff
123jump.com
Last Update: 12:51 AM ET August 14 2008


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Copa Holdings, Panama based air cargo carrier second quarter revenue rose 27% to $298 million and net income declined 1.6% to $30.4 million. Business service provider, WNS Holdings first quarter revenue rose 9.3% to $122.9 million and net income declined 60% to $3.3 million. TechTarget, media service provider second quarter revenue rose 19% to $29.4 million and net income fell 47% to $1.7 million. Ctrip.com, China based travel company revenue rose 30% and earnings increased 35% to $17 million.

 
12:40PM New York – WNS Holdings, the business services provider quarterly earnings dropped 60%. TechTarget, technology online media company quarterly earnings declined 47%.

Ctrip.com International, Ltd, a travel service provider for hotel accommodations, airline tickets and packaged tours in China said second quarter revenues rose 30% to RMB375 million or $55 million from RMB288 million a year ago. Net income in the quarter increased 35% to RMB119 million or $17 million or 25 cents per diluted ADS compared to net income of RMB151 million or $22 million or 32 cents per ADS, a year ago.

Ctrip.com International, Ltd (CTRP: chart) in the last one year traded as high as $70.89 in May 2008 and as low as $35.91 in August 2007. Based on the yesterday’s closing price the company has a market cap of $2.87 billion.

Macy's, Inc, an apparel retail company said second quarter revenues fell 3% to $5.7 billion from $5.8 billion a year ago. Net income in the quarter fell 1.35% to $73 million or 17 cents per diluted share compared to net income of $74 million or 16 cents per share, a year ago.

Macy's, Inc (M: chart) in the last one year traded as high as $35.76 in October 2007 and as low as $14.33 in July 2008. Based on the yesterday’s closing price the company has a market cap of $8.69 billion.

North American Energy Partners Inc, a resource services provider to oil, natural gas and other natural resource companies said first quarter revenues rose 54.5% to $259.0 million from $167.6 million a year ago. Net income in the quarter was $19.1 million or 52 cents per diluted share compared to net loss of$8.6 million or 24 cents per share, a year ago.

North American Energy Partners Inc (NOA: chart) in the last one year traded as high as $24.50 in June 2008 and as low as $9.68 in February 2008. Based on the yesterday’s closing price the company has a market cap of $540.97 million.

TechTarget Inc, sells marketing services and products to information technology companies said second quarter revenues rose 19% to $29.4 million from $24.6 million a year ago. Net income in the quarter fell 47% to $1.7 million or 4 cents per diluted share compared to net income of $3.2 million or 6 cents per share, a year ago.

TechTarget Inc (TTGT: chart) in the last one year traded as high as $18.69 in September 2007 and as low as $6.90 in August 2008. Based on the yesterday’s closing price the company has a market cap of $317.06 million.

Tegal Corporation, a designer and manufacturer of plasma etch and deposition systems used in the production of integrated circuits and nanotechnology devices said first quarter revenues rose 3% to $4.7 million from $4.6 million a year ago. Net loss in the quarter was $0.8 million or 11 cents per diluted share compared to net loss of $0.6 million or 9 cents per share, a year ago.

Tegal Corporation (TGAL: chart) in the last one year traded as high as $6.50 in February 2008 and as low as $3.11 in January 2008. Based on the yesterday’s closing price the company has a market cap of $29.96 million.

WNS (Holdings) Limited, a leading provider of global business process outsourcing services said first quarter revenues rose 9.3% to $122.9 million from $112.5 million a year ago. Net income in the quarter decreased 60.4% to $3.3 million or 8 cents per diluted share compared to net income of $8.4 million or 20 cents per share, a year ago.

WNS (Holdings) Limited (WNS: chart) in the last one year traded as high as $25.35 in August 2007 and as low as $12.81 in January 2008. Based on the yesterday’s closing price the company has a market cap of $721.82 million.

Copa Holdings, S.A, an international airline passenger and cargo carrier based in Panama reported second quarter revenues increased 26.6% to $297.9 million from $235.3 million a year ago. Net income in the quarter declined 1.64% to $30.4 million or 70 cents per diluted share compared to net income of $30.9 million or 71 cents per share, a year ago.

Copa Holdings, S.A (CPA: chart) in the last one year traded as high as $55.96 in August 2007 and as low as $24.69 in July 2008. Based on the yesterday’s closing price the company has a market cap of $1.59 billion.

Global Sources Ltd, a business-to-business media company reported second quarter revenues increased 21% to $63.7 million from $52.5 million a year ago. Net income in the quarter rose 50% to $8.4 million or 18 cents per diluted share compared to net income of $4.2 million or 9 cents per share, a year ago.

Global Sources Ltd (GSOL: chart) in the last one year traded as high as $35.00 in October 2007 and as low as $10.50 in March 2008. Based on the yesterday’s closing price the company has a market cap of $707.54 million.

Melco Crown Entertainment Ltd, a developer and owner of casino gaming and entertainment resort facilities reported second quarter revenues increased 88.27% to $384.6 million from $45.1 million a year ago. Net loss in the quarter was $5.7 million or $0.01 cents per diluted ADS compared to net loss of $69.2 million or 17 cents per ADS, a year ago.

Melco Crown Entertainment Ltd (MPEL: chart) in the last one year traded as high as $19.09 in October 2007 and as low as $5.70 in July 2007. Based on the yesterday’s closing price the company has a market cap of $2.94 billion.
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