Latest Generally Accepted Accounting Principles Stories

CAPE TOWN, South Africa, May 14, 2013 /PRNewswire/ -- Leatt Corporation (OTCQB: LEAT) today announced its financial results for the first quarter ended March 31, 2013. Leatt is a global developer, marketer and distributor of personal protective equipment for all forms of sports, especially extreme motor sports; products include the flagship Leatt-Brace®, a widely recognized neck brace system designed to help prevent potentially devastating injuries to the cervical spine (neck) for...

DENVER, May 14, 2013 /PRNewswire/ -- BIOFUEL ENERGY CORP. (NASDAQ:BIOF), an ethanol production company, today announced its first quarter 2013 results. For the quarter ended March 31, 2013, the net loss was $5.3 million on revenues of $89.0 million, compared with a net loss of $11.1 million on revenues of $139.4 million for the quarter ended March 31, 2012. For the quarter ended March 31, 2013, the net loss attributable to common stockholders was $4.6 million, or $0.87 per share,...

SIPING, China, May 14, 2013 /PRNewswire/ -- THT Heat Transfer Technology, Inc. (NASDAQ:THTI, "the Company", or "THT"), a leading provider of heat exchangers and heat exchange solutions in China's clean technology industry, today announced its unaudited financial results for the first quarter ended March 31, 2013. First Quarter 2013 Financial Highlights Sales revenue decreased by 30.9% year-over-year to US$7.9 million. Gross profit decreased by 35.1% year-over-year to US$3.0...

TORONTO, May 14, 2013 /CNW/ - Asia Bio-Chem Group Corp. (TSX: ABC) ("Asia Bio-Chem" or the "Company") announces its financial results for the three-month period ending March 31, 2013. Highlights -- During the first quarter, higher by-product prices coupled with lower corn costs enabled the Company to achieve breakeven gross profit. The company achieved gross margin of 0.8% during the first quarter compared with a negative gross...

HAUPPAUGE, N.Y., May 14, 2013 /PRNewswire/ -- FY13 Highlights: - Sales increased 18.2%, driven by the Hirschmann acquisition, increases in Mobile OEM and Premium Audio. - Company reports net income of $22.5 million or $0.95 per diluted share; free cash flow of $30.0 million. - EBITDA of $60.4 million, increased $5.6 million; Adjusted EBITDA of $67.5 million, increased $6.8 million. VOXX International Corporation (NASDAQ: VOXX), today announced financial results for its fiscal...

- Revenues experience major decline for the third quarter ended March 31, 2013 due to reduced number of ships served for major customer - BEIJING, May 14, 2013 /PRNewswire/ -- Sino-Global Shipping America, Ltd. (Nasdaq: SINO), a leading, non-state-owned provider of shipping agency services operating primarily in China, today announced its selected financial results for its third fiscal quarter ended March 31, 2013. Financial Highlights for the Third Fiscal Quarter Ended March...

HALIFAX, May 14, 2013 /CNW/ - Clarke Inc. ("Clarke" or the "Company") (TSX: CKI CKI.DB.A) today announced its results for the three months ended March 31, 2013. RESULTS OF OPERATIONS Highlights of the interim condensed consolidated financial statements for the three months ended March 31, 2013 compared to the three months ended March 31, 2012 are as follows:...

FUZHOU, China, May 14, 2013 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company") a provider of dredging services in the People's Republic of China (PRC) and territorial sea fishing globally, today announced its unaudited financial results for the first quarter of 2013. Operating Highlights Completed landmark business combination in February 2013, creating Pingtan Marine Enterprises, one of the largest U.S.-listed marine services...

Reports Adjusted EBITDA of $2.9 Million - Up $1.3 Million and 80.9%; Margin Expansion with Adjusted EBITDA as a Percentage of Net Revenues Up 560bps at 13.5% BELLEVUE, Wash., May 14, 2013 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE MKT: RLGT), a domestic and international logistics services company, today reported financial results for the three and nine months ended March 31, 2013. (Logo: http://photos.prnewswire.com/prnh/20110606/CL14193LOGO) Third Fiscal Quarter Financial...

XI'AN, China, May 14, 2013 /PRNewswire-FirstCall/ -- SkyPeople Fruit Juice, Inc. (NASDAQ: SPU) ("SkyPeople" or "the Company"), a producer of fruit juice concentrates, fruit juice beverages and other fruit-related products, today announced its financial results for the first quarter ended March 31, 2013. First Quarter 2013 Highlights: Revenue was $18.6 million, an increase of 24% year-over-year Gross profit was $7.6 million, an increase of 60% year-over-year Gross profit margin...