Omega Protein (OME) Q3 2013 Results, New Record for Quarterly
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Omega Protein Corp. (NYSE:OME)
The price of OME stock soared after the company reported the highest quarterly revenues and gross profits in its history, reflecting strong pricing and yields in its animal nutrition segment and contributions from the protein business recently acquired by OME 's human nutrition segment.
For the third quarter 2013, OME posted revenues of $87.6 million, a 4% increase year over year, gross profit of $29.4 million, or 33.6% as a percentage of revenues, compared to $13.4 million, or 16.0% as a percentage of revenues, in the same period the prior year, and net income of $14.0 million, or $0.66 per diluted share, compared to $0.2 million, or $0.01 per diluted share, for the same period last year.
OME stock is exchanging hands for about $10.98, representing an increase of $1.60 or 17.06%, with over 642,600 shares traded so far on Thursday's trading session.
OME is a century old nutritional company that develops, produces and delivers healthy products throughout the world to improve the nutritional integrity of functional foods, dietary supplements and animal feeds.
More about Omega Protein Corporation (NYSE:OME) at www.omegaprotein.com
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Fleetmatics Group PLC (NYSE:FLTX)
Shares of FLTX surged on Thursday's market activity after the company reported record Q3 2013 financial results, exceeding the high end of its expectations across all key operating metrics during the period, driven by the ongoing strong demand for its comprehensive fleet management solution. FLTX also increased financial guidance for 2013.
For the third quarter 2013, FLTX posted total revenue of $46.3 million, a 39.4% increase year over year, and GAAP net income of $5.6 million, or $0.15 per share attributable to ordinary shareholders based on 37.6 million weighted-average diluted shares outstanding, compared to $1.2 million, or $0.04 per share attributable to ordinary shareholders based on 2.8 million weighted-average diluted shares outstanding, for the same period last year.
During the third quarter of 2013, FLTX generated $16.6 million in net cash from operations and invested $8.1 million in capital expenditures, resulting in free cash flow of $8.5 million. During the same period of 2012, FLTX generated $0.5 million in net cash from operations and invested $6.5 million in capital expenditures, resulting in free cash flow of negative $6.0 million.
According to its financial outlook, FLTX expects for Q4 2013 total revenue to be in the range of $48.6 million to $49.2 million, while for the full year 2013 total revenue is expected to be in the range of $175.9 million to $176.5 million, which represents growth of 38.2% year-over-year at the midpoint.
Shares of FLTX are trading for about $37.75, an increase of $5.31 or 16.37%, with over 2,160,000 shares traded so far
FLTX is a leading global provider of fleet management solutions for small and mid-sized businesses delivered as software-as-a-service (SaaS).
More about Fleetmatics Group PLC (NYSE:FLTX) at www.fleetmatics.com
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Crown Equity Holdings Inc. (CRWE)
Selling goods, in the traditional sense, is possible to do electronically because of certain software programs that run the main functions of an e-commerce Web site, including product display, online ordering, and inventory management. The software resides on a commerce server and works in conjunction with online payment systems to process payments. Since these servers and data lines make up the backbone of the Internet, in a broad sense, e-commerce means doing business over interconnected networks
E-commerce can be between two businesses (B2B) transmitting funds, goods, services and/or data or between a business and a customer (B2C).
Looking to deliver value for its stockholders in both the near and long term, CRWE is refocusing its strategic plan for future growth and services with its original online business-to-business (B2B) marketplace platform for manufacturers and small to large businesses on a global basis to sell and acquire various types of merchandise, targeting the multi-billion dollar B2B Industry with its iB2B Global project.
To improve the potential future growth for CRWE , strategic plans are also being developed for its Division CRWETube ( www.crwetube.com ), targeting the multi-billion dollar online video-sharing market.
Together with its digital network of websites, CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com .
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