latest news releases from the newsroom
Magma Design Automation
Magma Announces Selected Preliminary Results for First Quarter, Will Revise Fiscal 2009 Guidance
SAN JOSE, Calif., Aug. 7, 2008 (PRIME NEWSWIRE) -- Magma(r) Design Automation Inc. (Nasdaq:LAVA) today announced selected preliminary results for its fiscal 2009 first quarter, ended Aug. 3, 2008. Magma estimates total revenue for the first quarter is in the range of $44.5 million to $45.5 million, compared to its previous target revenue range of $50.0 million to $51.5 million. Magma estimates first-quarter GAAP earnings per share to be a loss in the range of $(0.43) to $(0.38), compared to its previous target of a loss in the range of $(0.38) to $(0.36), and non-GAAP earnings per share to be in the range of $(0.04) to $0.01, compared to its previous target range of $0.07 to $0.09. A table providing a reconciliation of selected preliminary non-GAAP results to preliminary GAAP results appears below.
Middlesex Water Company
Tidewater Utilities, Inc. Named 'Best in the Business'
ISELIN, N.J., Aug. 7, 2008 (PRIME NEWSWIRE) -- Middlesex Water Company (Nasdaq:MSEX), a provider of water and wastewater services in New Jersey and Delaware, today announced that its wholly owned, regulated Delaware subsidiary, Tidewater Utilities, Inc., has been named "Best in the Business" by Workplace Dynamics LLC in Malvern, Pa., a survey conducted by The Delaware News Journal.
Putnam County Savings Bank
CMS Bancorp, Inc. Announces Results of Stock Repurchase Program and Results for the Quarter Ended June 30, 2008
WHITE PLAINS, N.Y., Aug. 7, 2008 (PRIME NEWSWIRE) -- CMS Bancorp, Inc. (Nasdaq:CMSB) parent of Community Mutual Savings Bank, announced that through August 6, 2008, it had repurchased 85,500 shares of its common stock under a stock repurchase plan which authorizes repurchases of up to 98,647 shares of its stock. There are 13,147 shares remaining to be purchased under the plan; however, there is no guarantee as to the exact number of shares which may be repurchased by the Company. Repurchased shares will be held as treasury stock.
Lundin Mining Corporation
Lundin Mining: LUNDIN MINING RELEASES SECOND QUARTER RESULTS FOR 2008
Vancouver, August 7, 2008 (TSX: LUN; OMX: LUMI; NYSE: LMC) Lundin Mining
Corporation (“Lundin Mining” or the “Company”) today reported unaudited net
earnings, before impairment charges and related taxes, of $56.2 million ($0.14
per share) for the second quarter 2008. Operating earnings* for the first six
months were $320 million ($0.82 per share), exceeding internal expectations by
Production of all metals was in-line with, or ahead of, internal expectations
with the exception of a shortf
SmartPros Reports Second Quarter 2008 Financial Results
HAWTHORNE, N.Y., Aug. 7, 2008 (PRIME NEWSWIRE) -- SmartPros Ltd. (Nasdaq:SPRO), a leader in the field of accredited professional education and corporate training, today announced its second quarter financial results for the three and six months ended June 30, 2008.
Wireless Ronin Technologies, Inc.
Wireless Ronin Reports 2008 Second Quarter Results
MINNEAPOLIS, Aug. 7, 2008 (PRIME NEWSWIRE) -- Wireless Ronin Technologies, Inc. (Nasdaq:RNIN) today announced its financial results for the 2008 second quarter. The company reported revenue of $1.6 million for the second quarter of 2008, in comparison to $3.1 million in the second quarter of 2007, a net loss of $5.0 million compared to a net loss of $1.0 million last year, and a basic and diluted loss per share of $0.34 compared to a basic and diluted loss per share of $0.09 last year.
Renegy to Announce Second Quarter Financial Results On August 14
TEMPE, Ariz., Aug. 7, 2008 (PRIME NEWSWIRE) -- Renegy Holdings, Inc. (Renegy) (Nasdaq:RNGY), a renewable energy company focused on acquiring, developing and operating a growing portfolio of biomass power generation facilities, announced today that it will report second quarter 2008 financial results after the market closes on Thursday, August 14.
Quality Distribution, Inc.
Quality Distribution, Inc. Announces Second Quarter Results
TAMPA, Fla., Aug. 7, 2008 (PRIME NEWSWIRE) -- Quality Distribution, Inc. (Nasdaq:QLTY) (the "Company" or "QDI") today reported the results for its second quarter and six months ended June 30, 2008. Total revenue for the quarter increased $29.2 million, or 15%, over the second quarter of 2007 from $194.7 million to $224.0 million. Of this increase, $21.8 million was generated from the Company's subsidiary, Boasso America Corporation ("Boasso") which was acquired effective December 18, 2007. Revenue, excluding fuel surcharge and the revenue from Boasso, decreased by $10.8 million, or 6.3% driven by softer volumes in the housing and auto markets, as well as general economic conditions.