latest news releases from the newsroom
GeoResources, Inc. Reports 1st Quarter 2003 Earnings and Provides an Operations Update
WILLISTON, N.D., May 16, 2003 (PRIMEZONE) -- GeoResources, Inc. (Nasdaq:GEOI) today reported first quarter 2003 net income of $162,000 or $0.04 per share on revenue of $1,077,000 compared to a 2002 first quarter loss of $137,000 or $0.04 per share on revenue of $739,000. Higher commodity prices, which averaged $28.47 per barrel of oil equivalent (BOE) were the primary driver of the improved results. Earnings before interest, taxes, depreciation, depletion and amortization (EBITDA) for the year was $334,000, a 542% increase from the prior year. (Note)
Toll Brothers, Inc.
Toll Brothers' Website to Broadcast May 28, 2003 Second Quarter 2003 Earnings Conference Call Live
HUNTINGDON VALLEY, Pa., May 16, 2003 (PRIMEZONE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, will broadcast live on its website, www.tollbrothers.com, a conference call to discuss its second quarter 2003 results and outlook for the future. The event, scheduled for 2:00 p.m. (EDT) on Wednesday, May 28, 2003, will follow announcement of the Company's second quarter 2003 results for earnings, revenues, contracts and backlog earlier the same day. The call will be hosted by Robert I. Toll, Chairman and Chief Executive Officer.
Viscount Systems Inc.
Viscount Reports Increased Revenues and Profits in First Quarter
VANCOUVER, May 16, 2003 (PRIMEZONE) -- Viscount Systems Inc. (OTCBB:VSYS) announced today that Company sales for the first quarter ending March 31, 2003 were $869,651, an increase of 24.1% compared to $700,754 for first quarter 2002. The increased sales during the quarter resulted from the strength of its core lines and the continued rollout of its new Emerphone product. The company was also very pleased to report that it generated its first revenues from its new flagship MESH concept.