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Latest Generally Accepted Accounting Principles Stories

2014-08-14 16:25:04

FORT LAUDERDALE, Fla., Aug. 14, 2014 /PRNewswire/ -- The Singing Machine Company, Inc. ("Singing Machine" or the "Company") (OTCQB: SMDM) announces the results for its first fiscal quarter ended June 30, 2014. The Company announced net sales of approximately $2.5 million in the quarter ended June 30, 2014, up from approximately $1.4 million reported for the same period last year (an increase of 80%). The increase in net sales is attributable to inventory replenishment by retailers...

2014-08-14 16:23:49

DENVER and HOUSTON, Aug. 14, 2014 /PRNewswire/ -- Escalera Resources Co. (NASDAQ: ESCR) today reported financial and operating results for the three and six months ended June 30, 2014. The Company had a net loss attributable to common stock of $4.0 million, or $(0.29) per share, for the second quarter of 2014, as compared to a net loss of $570,000, or $(0.05) per share, for the second quarter of 2013. For the first six months of 2014 the Company had a net loss attributable to...

2014-08-14 16:23:45

HOUSTON, Aug. 14, 2014 /PRNewswire/ -- Dune Energy, Inc. (OTCBB: DUNR) today announced results for the second quarter of calendar year 2014. Revenue and Production Revenue for the second quarter of 2014 totaled $13.1 million as compared with $16.8 million for the second quarter of 2013. Production volumes in the second quarter were 107 Mbbls of oil and 0.43 Bcf of natural gas, or 179 Mboe. This compares with 135 Mbbls of oil and 0.62 Bcf of natural gas, or 238 Mboe for the second...

2014-08-14 16:23:21

HOUSTON, Aug. 14, 2014 /PRNewswire/ -- Deep Down, Inc. (OTCQX: DPDW) ("Deep Down" or the "Company"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today reported financial results for the quarter ended June 30, 2014. http://photos.prnewswire.com/prnvar/20121204/LA23242LOGO OPERATING RESULTS For the second quarter of 2014, Deep Down reported a net loss of $1.2 million, or $0.08 loss per...

2014-08-14 16:23:04

Gross margin grows 13% to $9.2 million, driven by continued customer expansion in Maine, North Carolina and Ohio MENTOR, Ohio, Aug. 14, 2014 /PRNewswire/ -- Gas Natural Inc. (NYSE MKT: EGAS) ("Gas Natural" or the "Company"), a holding company operating local natural gas utility companies serving approximately 73,000 natural gas customers in seven states, reported financial results for the second quarter ended June 30, 2014. Net loss was $1.4 million, or $0.14 loss per diluted...

2014-08-14 16:23:01

SIPING, China, Aug. 14, 2014 /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 second quarter ended June 30, 2014. Second Quarter 2014 Financial Highlights -- Sales revenue increased by 16.5% year-over-year to US$12.7 million. -- Gross profit increased by 18.7% year-over-year to...

2014-08-14 16:22:19

Net Income Increased by 76%; Sales of Systems increased by 39% XI'AN, China, Aug. 14, 2014 /PRNewswire-FirstCall/ -- China Recycling Energy Corp. (NASDAQ: CREG; "CREG" or "the Company"), a leading industrial waste-to-energy solution provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2014. Second Quarter 2014 Financial Highlights -- Sales of systems increased by 39.1% to US$18.95 million. -- Interest income on sales-type leases...

2014-08-14 12:28:41

-- Conference call scheduled for Friday, August 15, 2014 at 8:00 AM ET -- BEIJING, Aug. 14, 2014 /PRNewswire/ -- Sinovac Biotech Ltd. (NASDAQ: SVA), a leading provider of biopharmaceutical products in China, announced today its unaudited second quarter and half year financial results for the period ended June 30, 2014. Second Quarter 2014 Financial Highlights (compared to the second quarter 2013) -- Quarterly sales were $12.1 million, a decrease of 30.7% from $17.5 million in...

2014-08-14 12:28:17

Q2 Products & Services Revenue Increases 56%, Consumable Sales Rise 86%, Operating Loss Narrows SOUTH EASTON, Mass., Aug. 14, 2014 /PRNewswire/ -- Pressure BioSciences, Inc. (OTCQB: PBIO) ("PBI" or the "Company") today announced financial results for the three and six-month periods ended June 30, 2014, which included record products and services revenue compared to any prior half-year period. The Company also provided a business update. Revenue from the sale of products and services was...

2014-08-14 12:27:10

In the news release, Perrigo Company plc Reports Record Fourth Quarter And Fiscal Year Revenue, Adjusted Operating Income And Adjusted Margins, issued 14-Aug-2014 by Perrigo Company plc over PR Newswire, we are advised by the company that the headline should read "Perrigo Company plc Reports Record Fourth Quarter And Fiscal Year Revenue, Adjusted Operating Income And Adjusted Margins. Conference call scheduled for 10 a.m. ET today." rather than "Perrigo Company plc Reports Record Fourth...


Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.