Marlton Technologies, Inc. Announces Second Quarter 2005 Results
2005年8月13日 - 5:37AM
ビジネスワイヤ(英語)
Marlton Technologies, Inc. (AMEX:MTY) today reported results for
its second quarter ended June 30, 2005. Net sales of $26 million
for the second quarter of 2005 grew 26.3%, and net income of
$551,000 increased 8.7% from the results for the second quarter of
2004. Non-recurring facility relocation costs of $325,000 were
expensed in the second quarter of 2005 in connection with the
Showtime Enterprises, Inc. business acquired on March 15, 2005. For
the first six months of 2005, net sales of $44.8 million increased
14.6% and net income of $1.5 million increased 6.8% above the
results for the comparable 2004 period. The Company expensed
non-recurring one-time relocation and transition costs of $0.6
million in the first half of 2005 related to the acquired Showtime
Enterprises, Inc. business. These costs were partially offset by a
net bad debt recovery of $0.4 million recorded in the first quarter
of 2005. Marlton Technologies, Inc., through its Sparks Exhibits
& Environments and Sparks Custom Retail subsidiaries, is
engaged in the design, marketing and production of trade show,
museum, theme park and themed interior exhibits, store fixtures,
premium incentive plans, corporate event, and point of purchase
displays, both domestically and internationally. This press release
may contain forward-looking statements which are subject to change
as a result of various factors, including without limitation the
Company's ability to control costs, the availability of financing,
the effects of competition and the effects of changes in the
economy and international affairs. Additional factors which could
affect the Company are set forth in the Company's Forms 10-K and
10-Q which have been filed with the Securities and Exchange
Commission. -0- *T (In thousands except per share amounts)
(UNAUDITED) (UNAUDITED) FOR THE THREE FOR THE SIX MONTHS MONTHS
ENDED ENDED JUNE 30, JUNE 30, JUNE 30, JUNE 30, 2005 2004 2005 2004
-------- -------- -------- -------- NET SALES $25,959 $20,556
$44,805 $39,105 OPERATING PROFIT 703 641 1,761 1,637 OTHER
(EXPENSE) (152) (134) (253) (225) INCOME BEFORE INCOME TAXES 551
507 1,508 1,412 PROVISION FOR INCOME TAXES -- -- -- -- NET INCOME $
551 $ 507 $ 1,508 $ 1,412 WEIGHTED AVERAGE NUMBER OF COMMON SHARES
OUTSTANDING: BASIC 12,940 12,845 12,940 12,845 DILUTED 16,579
14,208 16,571 14,208 NET INCOME PER COMMON SHARE: BASIC $ 0.04 $
0.04 $ 0.12 $ 0.11 DILUTED $ 0.03 $ 0.04 $ 0.09 $ 0.10 *T
Citigroup Inc. 3% Min Coupon Principle Protected Note Based PR Gold (AMEX:MTY)
過去 株価チャート
から 5 2024 まで 6 2024
Citigroup Inc. 3% Min Coupon Principle Protected Note Based PR Gold (AMEX:MTY)
過去 株価チャート
から 6 2023 まで 6 2024
Real-Time news about Citigroup Inc. 3% Min Coupon Principle Protected Note Based PR Gold (アメリカ証券取引所): 0 recent articles
その他のMarlton Technologies, Inc.ニュース記事