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Last updated on April 23, 2014 at 15:23 EDT

Latest Generally Accepted Accounting Principles Stories

2014-04-23 08:28:18

MCLEAN, Va., April 23, 2014 /PRNewswire/ -- Highlights for the quarter include the following: -- Significant overall company revenue growth of 13 percent, pro forma revenue growth of 3 percent -- Broadcasting Segment revenue doubled, achieved a 20 percent increase on a pro forma basis -- Adjusted EBITDA growth of 36 percent to $285 million -- Free Cash Flow nearly quadrupled to $149 million year-over-year Gannett Co., Inc. (NYSE: GCI) today reported...

2014-04-23 08:27:38

As Anticipated, Easter Timing Impacts Attendance and Revenue GRAND PRAIRIE, Texas, April 23, 2014 /PRNewswire/ -- Six Flags Entertainment Corporation (NYSE: SIX), the world's largest regional theme park company, today announced that revenue for the first three months of the year was $74 million as compared to $88 million for the same period in 2013. The decline was primarily related to an attendance shift due to the 2014 Easter holiday falling in April, which caused many schools to...

2014-04-23 08:25:23

Company posts 32nd consecutive quarter of improved earnings ATLANTA, April 23, 2014 /PRNewswire/ -- Rollins, Inc. (NYSE: ROL), a premier global consumer and commercial services company, today reported unaudited financial results for its first quarter ended March 31, 2014. Revenues grew 4.6% to $313.4 million compared to $299.7 million for the first quarter ended March 31, 2013. The Company recorded net income of $25.8 million, an increase of 11.2%, or $0.18 per diluted share for...

2014-04-23 08:25:16

Adjusted EBIT Flat with Prior Year; Insulation and Composites Performance Continued to Strengthen, Offset by Weaker-than-Expected Roofing Volumes TOLEDO, Ohio, April 23, 2014 /PRNewswire/ -- Owens Corning (NYSE: OC) today reported consolidated net sales of $1.28 billion in the first quarter of 2014, down slightly from $1.35 billion in 2013. First-quarter 2014 adjusted earnings were $35 million, or $0.29 per diluted share, flat with adjusted earnings of $35 million, or $0.29 per diluted share,...

2014-04-23 08:25:07

ATLANTA, April 23, 2014 /PRNewswire/ -- RPC, Inc. (NYSE: RES) today announced its unaudited results for the first quarter ended March 31, 2014. RPC provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties throughout the United States, and in selected international markets. For the quarter ended March 31, 2014, revenues increased 17.8...

2014-04-23 08:24:49

HOUSTON, April 23, 2014 /PRNewswire/ -- Hercules Offshore, Inc. (Nasdaq: HERO) today reported income from continuing operations of $19.9 million, or $0.12 per diluted share, on revenue of $256.7 million for the first quarter 2014, compared to income from continuing operations of $40.3 million, or $0.25 per diluted share, on revenue of $186.2 million for the first quarter 2013. As outlined in the Reconciliation of GAAP to Non-GAAP Financial Measures, first quarter 2014 results...

2014-04-23 08:24:24

LEHIGH VALLEY, Pa., April 23, 2014 /PRNewswire/ -- Second Quarter Highlights -- EPS of $1.32 within guidance despite adverse weather impacts -- Latest world-scale hydrogen plant onstream in U.S. Gulf Coast -- World-class high purity nitrogen plant onstream in Tainan Science Industrial Park, Taiwan -- 32(nd) consecutive year of dividend increases - up 8.5 percent Air Products (NYSE: APD) today reported results for the quarter ended March 31, 2014. Net income of...

2014-04-23 08:22:30

NORFOLK, Va., April 23, 2014 /PRNewswire/ -- Norfolk Southern (NYSE: NSC) reported first-quarter net income of $368 million, or $1.17 per diluted share, compared with $450 million, or $1.41 per diluted share, earned in the same period of 2013. First-quarter 2013 net income included a $60 million, or $0.19 per diluted share, gain from a land sale. First-Quarter 2014 Results -- Railway operating revenues totaled $2.7 billion. -- Income from railway operations was $667 million....

2014-04-23 08:22:14

WILMERDING, Pa., April 23, 2014 /PRNewswire/ -- Wabtec Corporation (NYSE: WAB) today reported record results for the 2014 first quarter, including the following: -- First quarter sales were a record $695 million, 13 percent higher than the year-ago quarter, due mainly to growth in the Freight Group. -- Income from operations was a record $122 million, or 17.5 percent of sales, compared to 16.8 percent in the year-ago quarter. -- Earnings per diluted share...

2014-04-23 08:21:59

ATLANTA, April 23, 2014 /PRNewswire/ -- Delta Air Lines (NYSE: DAL) today reported financial results for the March 2014 quarter. Key points include: -- Delta's pre-tax income for the March 2014 quarter was $444 million, excluding special items(1), an increase of $363 million over the March 2013 quarter on a similar basis. -- Delta's net income for the March 2014 quarter was $281 million, or $0.33 per diluted share, excluding special items(1). This is $196...