Latest Generally Accepted Accounting Principles Stories
SILVER SPRING, Md., May 15, 2013 /PRNewswire/ -- Pharmagen, Inc. (OTCBB: PHRX) (the "Company" or "Pharmagen") today announced financial results for the quarter ended March 31, 2013. On a consolidated basis, revenues for the three months ended March 31, 2013 totaled $1.72 million as compared to the three months ended March 31, 2012, representing a 329% increase year-over-year. Adjusted for nonrecurring expenses, and depreciation and amortization, the company reported a slight profit...
Record Net Revenues of $33.2 million, Up 108.0% Year-over-Year BEIJING and DALLAS, May 15, 2013 /PRNewswire-FirstCall/ -- NQ Mobile Inc. ("NQ Mobile" or the "Company") (NYSE: NQ), a leading global provider of mobile Internet services, today announced its unaudited financial results for the first quarter ended March 31, 2013. (Logo: http://photos.prnewswire.com/prnh/20121224/CN34262LOGO ) First Quarter 2013 Highlights Net revenues increased 108.0% year-over-year to...
NEW YORK, May 15, 2013 /PRNewswire/ -- YOU On Demand Holdings, Inc. (NASDAQ: YOD) ("YOU On Demand" or the "Company"), a national Video On Demand (VOD) platform in China, announced today its operating results for the three-month period ending March 31, 2013 (a full copy of its quarterly report on Form 10-Q will also be posted at www.sec.gov). Chairman & CEO Shane McMahon and President & CFO Marc Urbach will host an investor conference call and update on May 31 at 10:30 a.m. ET...
- Adjusted EBITDA Increased 34% from the First Quarter of 2012 to $17.9 Million SUNNYVALE, Calif., May 15, 2013 /PRNewswire/ -- FriendFinder Networks Inc. (NasdaqGM: FFN)(the "Company"), a leading internet and technology company providing services to the rapidly expanding markets of social networking and web-based video sharing, today announced financial results for the first quarter ended March 31, 2013. "During the first quarter, we continued to execute on our long-term...
SHANGHAI, May 15, 2013 /PRNewswire/ -- China Precision Steel, Inc. (NASDAQ: CPSL) ("China Precision Steel" or the "Company"), a niche precision steel processing Company principally engaged in producing and selling high precision, cold-rolled steel products, announced today its fiscal year 2013 third quarter results for the period ended March 31, 2013. Third Quarter Highlights Revenue was $8.6 million Gross loss was $2.4 million Net loss was $13.5 million Fully diluted loss per...
Revenues rise 11% to $22.6 million, EPS increases to $0.18 for the quarter FORT LEE, N.J., May 15, 2013 /PRNewswire/ -- Pioneer Power Solutions, Inc. (OTCBB: PPSI) ("Pioneer" or the "Company"), a manufacturer of specialty electrical transmission and distribution equipment for applications in the utility, industrial and commercial markets, announced its results for the first quarter ended March 31, 2013. Highlights Revenue of $22.6 million, up 11.0% from $20.3 million in Q1 2012...
Specialty Carbon Black Production Facility On Track For Third Quarter Launch NEW YORK, May 15, 2013 /PRNewswire/ -- Asia Carbon Industries, Inc. ("Asia Carbon", or the "Company") today announced its earnings for the quarter ended March 31, 2013. The Company, whose shares trade in the U.S. on the OTCQB Tier of the OTC Markets under the stock symbol "ACRB", filed its quarterly report on Form 10-Q with the Securities and Exchange Commission on May 15, 2013. Commenting on the...
XI'AN, China, May 15, 2013 /PRNewswire-FirstCall/ -- China Power Equipment, Inc. ("China Power Equipment" or the "Company," OTCBB: CPQQ), a manufacturer of a new generation of energy saving amorphous alloy transformer cores and transformers in China, today announced its financial results for the three months ended March 31, 2013. First Quarter 2013 Highlights: Net revenues decreased 5.5% to $6.85 million year-over-year Net revenues from amorphous alloy transformer business...
DENVER, May 15, 2013 /PRNewswire/ -- Gasco Energy, Inc. (OTCQB: GSXN) ("Gasco" or the "Company") today announced financial and operating results for the first quarter ended March 31, 2013. Note Regarding Uinta Basin Joint VentureDuring Q1-12, Gasco conveyed a 50% interest in certain of its Uinta Basin properties to its joint venture partner concurrent with the March 22, 2012 closing of the joint venture. Q1-13 is the fourth full reporting period in which Gasco's Uinta Basin net...
Company to Hold Conference Call with Accompanying Slide Presentation on May 16, 2013, at 8:30 a.m. ET WUHAN CITY, China, May 15, 2013 /PRNewswire/ -- Kingold Jewelry, Inc. ("Kingold" or "the Company") (NASDAQ: KGJI), one of China's leading manufacturers and designers of high quality 24-karat gold jewelry, ornaments and investment-oriented products, today announced financial results for its first quarter ended March 31, 2013. 2013 First Quarter Financial and Operating Highlights...
