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KMG Chemicals Reports Fiscal 2011 Fourth Quarter and Full Year Financial Results
, A global provider of specialty
chemicals in carefully focused markets, today announced financial
results for its fiscal fourth quarter and year ended July 31, 2011.
Consolidated Overview
Net sales in the fiscal 2011 fourth quarter increased 19% to $74.2
million from $62.5 million in the fourth quarter of 2010. Operating
income in the fiscal 2011 fourth quarter was $2.7 million compared to
$6.3 million in the fourth quarter of last year. KMG recorded net income
of $1.2 million, or $0.10 per diluted share, for the fourth quarter of
fiscal 2011, compared to net income of $3.4 million, or $0.30 per
diluted share, in the fourth quarter of last year.
For the 2011 fiscal year, net sales were $266.4 million, operating
income was $17.7 million, and net income was $9.7 million or $0.85 per
diluted share. This compared to net sales of $208.6 million, operating
income of $27.0 million, and net income of $15.3 million, or $1.34 per
diluted share, in fiscal 2010.
Houston Home Mortgage Company, MortgageSaver, Announces Site ...
HOUSTON, TX--(Marketwire - January 11, 2010) - MortgageSaver, the premier source for Houston home mortgage loans, announces the launch of its redesigned website MortgageSaver.org. The new site matches visitors with mortgage brokers around the United States who can help with their real estate financing needs. Unlike many other lending services, MortageSaver makes the mortgage application process ... HOUSTON, TX--(Marketwire - January 11, 2010) - MortgageSaver, the premier source for Houston home mortgage loans, announces the launch of its redesigned website MortgageSaver.org. The new site matches visitors with mortgage brokers around the United States who can help with their real estate financing needs. Unlike many other lending services, MortageSaver makes the mortgage application process ...
In accordance with GAAP, intercompany accounts and transactions are eliminated in consolidation. Gross operating margin is exclusive of other income and and more »
In accordance with GAAP, intercompany accounts and transactions are eliminated in consolidation. Gross operating margin is exclusive of other income and and more »
On the consolidation side, I read a recent news story out of Michigan where this company up there, Clark Food Services apparently closing one of their DC's. and more »
The merger comes amid other industry consolidation news; last week, Colliers International and FirstService Real Estate Advisors announced that they will