AGORACOM Small Cap TV - November 11th - Highlights
posted on
Nov 11, 2010 10:18AM
Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s November 11th 2010, and we’ve found 5 great press releases to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.
Financial highlights -- Third quarter: 2010 compared to 2009
-- Revenue was $39.4 million, as compared to $30.6 million.
-- GAAP net income, including a non-cash stock based compensation (SBC) expense of $722,000, and amortization of intangibles as it relates to certain equity compensation plans of $154,000, was $2.3 million, or $0.06 per diluted share, as compared to third quarter 2009 GAAP net income of $1.2 million, or $0.03 per diluted share, which included a non-cash SBC expense of $940,000.
-- Non-GAAP net income was $3.2 million, or $0.08 per diluted share, as compared to $2.1 million, or $0.05 per diluted share, for the third quarter of 2009.
-- Adjusted EBITDA was $6.0 million, as compared to $3.4 million for the third quarter of 2009.
-- Total deferred income and customer prepayments were $100.5 million as at September 30, 2010, as compared to $89.3 million as at September 30, 2009.
Financial highlights -- Nine Months Ended September 30th: 2010 compared to 2009
-- Revenue was $131.8 million, as compared to $119.6 million.
-- GAAP net income was $12.1 million, or $0.28 per diluted share, which included a non-cash SBC expense of $2.5 million, and amortization of intangibles as it relates to certain equity compensation plans of $371,000, as compared to $7.5 million, or $0.16 per diluted share, which included a non-cash SBC expense of $3.2 million.
-- Non-GAAP net income was $15.0 million, or $0.34 per diluted share, as compared to $10.7 million, or $0.23 per diluted share, for the nine months ended September 30, 2009.
-- Adjusted EBITDA was $21.2 million, as compared to $15.6 million for the nine months ended September 30, 2009.
About Global Sources
Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China. The core business uses English-language media to facilitate trade from Greater China to the world. The other business segment utilizes Chinese-language media to enable companies to sell to, and within Greater China.
Last Trade: 8.2652 Week: 8.77 – 5.50Market Cap: 368.85 Million
Shiner International, Inc. (Nasdaq:BEST - News) ("Shiner" or the "Company"), an emerging global supplier of packaging solutions for food, tobacco, and consumer products, today announced its financial results for the quarter ended September 30, 2010.
Third Quarter Fiscal 2010 Financial Highlights
About Shiner International, Inc.
Shiner International is engaged in the research and development, manufacture and sale of flexible packaging material. Products include coated packaging film, shrink-wrap film, common packaging film, anti-counterfeit laser holographic film and color-printed packaging materials. The Company's flexible packaging products are used by manufacturers in the food and consumer products industry to preserve texture, flavor, hygiene, and convenience and safety of their products. The Company was founded in 1990 and is headquartered in Haikou, China.
Last Trade: 1.2352 Week: 1.75 – 0.85Market Cap: 30.24 Million
Lotus Pharmaceuticals, Inc. (OTC Bulletin Board:LTUS.ob - News) ("Lotus" or the "Company"), a fast-growing, profitable developer, manufacturer and seller of medicine and drugs in the People's Republic of China ("PRC"), today announced its financial results for the third fiscal quarter ended September 30, 2010.
Third Quarter 2010 Financial Highlights
Nine Months Financial Highlights
About Lotus Pharmaceuticals, Inc.
Lotus Pharmaceuticals, Inc. is a fast-growing, profitable developer and producer of drugs and a licensed national seller of pharmaceutical items in the People's Republic of China (PRC). Lotus operates its business through its two controlled entities: Liang Fang Pharmaceutical, Ltd. and En Ze Jia Shi Pharmaceutical, Ltd.
Last Trade: 1.4952 Week: 2.00 – 0.77Market Cap: 79.57 Million
Radiant Posts 136.7% Earnings Growth With Adjusted EBITDA of $1,709,000 for the Fiscal First Quarter Ended September 30, 2010
Radiant Logistics, Inc. (OTC Bulletin Board: RLGT), a domestic and international freight forwarding and logistics services company, today reported financial results for the three months ended September 30, 2010.
For the three months ended September 30, 2010, Radiant reported net income of $783,000 on $46.4 million of revenues, or $0.03 per basic and fully diluted share. For the three months ended September 30, 2009, Radiant reported net income of $116,000 on $34.0 million of revenues, or $0.00 per basic and fully diluted share.
The Company also reported adjusted EBITDA (earnings before interest, taxes, depreciation amortization), of $1,709,000 for the three months ended September 30, 2010, compared to adjusted EBITDA of $722,000 for the comparable prior year period.
About Radiant Logistics (OTC BB: RLGT)
Radiant Logistics (www.radiantdelivers.com) is a non-asset based logistics company providing domestic and international freight forwarding and related services through a network of approximately 70 company owned and exclusive agent offices across North America. Operating under the Airgroup, Adcom Worldwide and Radiant Logistics brands, the company services a diversified account base including manufacturers, distributors and retailers using a network of independent carriers and international agents positioned strategically around the world.
Last Trade: 0.4952 Week: 0.52 – 0.22Market Cap: 14.85 Million
Endeavour Silver Reports Record EBITDA, Cash-Flow, Revenues in Q3, 2010; Silver Production of 797,000 oz Up 20% Compared to Q3, 2009
Endeavour Silver Corp. (TSX:EDR)
announced today its financial and operating results for the Third Quarter, 2010, including record quarterly EBITDA, cash-flow and revenues. Endeavour owns and operates two high-grade, underground, silver-gold mines in Mexico, the Guanacevi Mines in Durango State and the Guanajuato Mines in Guanajuato State.
Third Quarter 2010 Highlights (Compared to Q3, 2009)
Endeavour Silver Corp. is a small-cap silver mining company focused on the growth of its silver production, reserves and resources in Mexico. Since start-up in 2004, Endeavour has posted five consecutive years of aggressive silver production, reserve and resource growth. The organic expansion programs now underway at Endeavour's two operating silver mines in Mexico combined with its strategic acquisition and exploration programs should help Endeavour achieve its goal to become the next premier mid-tier silver mining company.
Last: 5.85Range: 7.14-3.05Market Cap: 70 Million