Latest Financial accounting Stories

READING, Pa., May 8, 2013 /PRNewswire/ -- EnerSys (NYSE: ENS) the global leader in stored energy solutions for industrial applications, announced today preliminary results for its fourth quarter and full year of fiscal 2013, which ended on March 31, 2013. Net earnings attributable to EnerSys stockholders ("Net earnings") for the fourth quarter are expected to be $37.7 million, or $0.77 per diluted share, including an unfavorable net of tax impact of $0.03 per share from a charge of...

Company Reaffirms 2013 Guidance; Expects 20% Growth in Diluted Earnings Per Share in 2013 NEW YORK, May 8, 2013 /PRNewswire/ -- Newtek Business Services, Inc. (NASDAQ: NEWT) (www.thesba.com) The Small Business Authority(®), a provider of business services and financial products to the small- and medium-sized business market, reported today its financial results for the quarter ended March 31, 2013. First Quarter 2013 Consolidated Highlights: Consolidated pretax income was $2.2...

Increased Revenue and Profit Levels in March and Growing Pipeline Indicate Strong Sequential Growth in Q2 WALTHAM, Mass., May 8, 2013 /PRNewswire/ -- Lionbridge Technologies, Inc. (Nasdaq: LIOX) today announced financial results for the quarter ended March 31, 2013. Financial and business highlights for the quarter include: Revenue of $113.7 million, a year-on-year increase of $1.6 million compared to the first quarter of 2012. GAAP net loss of $3.0 million, or ($0.05) per share...

Revenue increases 12% in first quarter to $19.6 million FAIRFAX, Va., May 8, 2013 /PRNewswire/ -- Geeknet, Inc. (Nasdaq: GKNT), the parent company of online retailer ThinkGeek.com, today announced financial results for the first quarter ended March 31, 2013. (Logo: http://photos.prnewswire.com/prnh/20120510/MM05555LOGO) Total revenue for the first quarter of 2013 was $19.6 million, an increase from $17.5 million for the first quarter of 2012. Historical results have been recast...

RA'ANANA, Israel, May 8, 2013 /PRNewswire/ -- NICE Systems (NASDAQ: NICE) today announced results for the first quarter ended March 31, 2013. First Quarter 2013 non-GAAP Financial Highlights Include: Revenues of $225 million, up 4.5% year over year Gross margin at 66.9%, up from 64.8% for the first quarter of 2012 Operating margin at 19.4%, compared to 18.3% for the first quarter of 2012 Fully diluted earnings per share increased 7% to $0.61 Cash flow from operations of...

BEIJING, May 8, 2013 /PRNewswire/ -- SouFun Holdings Limited (NYSE: SFUN) ("SouFun"), the leading real estate Internet portal and one of the leading home furnishing and improvement websites in China, announced today its unaudited financial results for the first quarter 2013. (Amounts are in US dollars, unless otherwise specified.) First Quarter 2013 Highlights Revenue in the first quarter of 2013 was $91.0 million, a 55.6% increase from the corresponding period in 2012....

First quarter revenue up 3.7% sequentially and 18.1% year-over-year TEANECK, N.J., May 8, 2013 /PRNewswire/ -- Cognizant Technology Solutions Corporation (NASDAQ: CTSH), a leading provider of information technology, consulting, and business process outsourcing services, today announced its first quarter 2013 financial results. Highlights - First Quarter 2013 Quarterly revenue rose to $2.02 billion, up 18.1% from the year-ago quarter and 3.7% sequentially. Quarterly diluted...

THE WOODLANDS, Texas, May 8, 2013 /PRNewswire/ -- TETRA Technologies, Inc. (TETRA or the Company) (NYSE: TTI) today announced first quarter 2013 net income from continuing operations attributable to TETRA stockholders of $0.02 per fully diluted share compared to $0.01 per fully diluted share reported in the first quarter of 2012. Such results for the first quarter of 2013 include a pretax loss by our Maritech segment of $(4.9) million, which equates to a net loss after tax of...

Earnings Per Share of $0.34 HONOLULU, May 8, 2013 /PRNewswire/ -- Hawaiian Electric Industries, Inc. (NYSE - HE) (HEI) today reported consolidated net income for common stock for the first quarter of 2013 of $33.7 million, or $0.34 diluted earnings per share (EPS), compared to $38.3 million, or $0.40 diluted EPS for the first quarter of 2012. "We're off to a solid start in 2013 with financial results consistent with our expectations and significant progress on our...

Backlog of orders grows to $5.8 billion; Revenues at $680 million; Net income at $41.4 million; Diluted net earnings per share of $0.98 HAIFA, Israel, May 8, 2013 /PRNewswire/ -- Elbit Systems Ltd. (the "Company") (NASDAQ: ESLT, TASE: ESLT), the international defense company, reported today its consolidated financial results for the first quarter ended March 31, 2013. In this release, the Company is providing its usual US-GAAP results as well as additional non-GAAP financial data,...