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Earnings Analysis: 
Dell Net Falls 5%; Ingram Micro Sales Up
Author: Mita Yagnik
123jump.com
Last Update: 4:18 AM ET February 19 2010


Dell Inc fourth quarter revenues rose 11% to $14.9 billion and net income fell 5% to $334 million or 17 cents a share. Ingram Micro Inc fourth quarter sales rose 1.5% to $8.81 billion and net income was $107.0 million or 64 cents a share.

 
[R]4:15AM New York - Dell Inc revenue rose 11% and net income fell 5%. Ingram Micro Inc sales rose 1.5% and net income was $107.0 million.[/R]

California Pizza Kitchen, Inc., a dining restaurant chain said fourth quarter revenues rose 3.7% to $167.8 million from $161.8 million a year ago. Net loss in the quarter was $9.9 million or 41 cents per diluted share compared to net loss of $5.3 million or 22 cents per share a year ago.

Comparable same-stores sales decreased 5.8%.

Total revenues for the fiscal year 2009 fell 1.8% to $664.7 million from $677.1 million a year ago. Net income for the year fell 47% to $4.6 million or 19 cents per diluted share compared to net income of $8.7 million or 34 cents per share a year ago.

California Pizza Kitchen, Inc. (CPKI: chart) in the last one year traded as high as $17.44 in April 2009 and as low as $9.41 in March 2009. Based on the yesterday’s closing price of $14.27 the company has market cap of $345.10 million.

Dell Inc., the technology company said fourth quarter revenues rose 11% to $14.9 billion from $13.4 billion a year ago. Net income in the quarter fell 5% to $334 million or 17 cents per diluted share compared to net income of $351 million or 18 cents per share a year ago.

Net revenues for the fiscal year 2009 fell 13.4% to $52.9 billion from $61.1 billion a year ago. Net income for the year fell 44% to $1.4 billion or 73 cents per diluted share compared to net income of $2.5 billion or $1.25 per share a year ago.

Dell Inc. (DELL: chart) in the last one year traded as high as $17.26 in September 2009 and as low as $7.84 in March 2009. Based on the yesterday’s closing price of $14.43 the company has market cap of $28.16 billion.

Developers Diversified Realty Corporation, the real estate investment trust said fourth quarter revenues fell 4% to $209.5 million from $218.5 million a year ago. Net loss in the quarter was $90.1 million or 46 cents per diluted share compared to net loss of $194.6 million or $1.61 per share a year ago.

Net revenues for the fiscal year 2009 fell 7% to $819.3 million from $881.8 million a year ago. Net loss for the year was $398.9 million or $2.51 per diluted share compared to net loss of $114.2 million or 96 cents per share a year ago.

Developers Diversified Realty Corporation (DDR: chart) in the last one year traded as high as $10.66 in November 2009 and as low as $1.38 in March 2009. Based on the yesterday’s closing price of $9.72 the company has market cap of $2.01 billion.

Eclipsys Corporation., a health care software maker said fourth quarter revenues rose 5.4% to $133.7 million from $126.8 million a year ago. Net income in the quarter rose 15% to $3.8 million or 7 cents per diluted share compared to net income of $3.3 million or 6 cents per share a year ago.

Total revenues for the fiscal year 2009 rose 0.7% to $519.2 million from $515.8 million a year ago. Net income for the year fell 97.3% to $2.7 million or 5 cents per diluted share compared to net income of $98.3 million or $1.79 per share a year ago.

Eclipsys Corporation (ECLP: chart) in the last one year traded as high as $21.15 in October 2009 and as low as $7.39 in March 2009. Based on the yesterday’s closing price of $16.97 the company has market cap of $966.47 million.

Harleysville Group Inc, an insurance company said fourth quarter revenues rose 7% to $245.0 million from $229.4 million a year ago. Net income in the quarter rose 426% to $24.2 million or 86 cents per diluted share compared to net income of $4.6 million or 16 cents per share a year ago.

Total revenues for the fiscal year 2009 fell 0.5% to $980.6 million from $985.3 million a year ago. Net income for the year rose 104% to $86.3 million or $3.07 per diluted share compared to net income of $42.3 million or $1.43 per share a year ago.

Harleysville Group Inc (HGIC: chart) in the last one year traded as high as $34.38 in October 2009 and as low as $26.09 in July 2009. Based on the yesterday’s closing price of $33.94 the company has market cap of $938.55 million.

Hittite Microwave Corporation, the semiconductor maker said fourth quarter sales fell 6% to $43.7 million from $46.4 million a year ago. Net income in the quarter fell 1.5% to $13.4 million or 45 cents per diluted share compared to net income of $13.6 million or 45 cents per share a year ago.

Net sales for the fiscal year 2009 fell 9.6% to $163.0 million from $180.3 million a year ago. Net income for the year fell 14% to $46.2 million or $1.55 per diluted share compared to net income of $53.8 million or $1.74 per share a year ago.

Hittite Microwave Corporation (HITT: chart) in the last one year traded as high as $43.15 in January 2010 and as low as $23.26 in February 2009. Based on the yesterday’s closing price of $40.25 the company has market cap of $1.21 billion.
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Market data: BATS Exchange. Inc.

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