27 Oct 05. EDO Corporation (NYSE: EDO) recorded revenue of $175.9 million in the third quarter of 2005, up 35.4 percent from the $129.9 million recorded in the third quarter of 2004. Net earnings for the quarter were $9.8 million, up 43.2 percent from $6.9 million in the prior year’s quarter. On a diluted per-share basis, GAAP earnings were $0.48, up 37.1 percent from $0.35 in the third quarter of 2004. For the nine-month period ended Sept. 24, 2005, revenue was $448.5 million, up 22.2 percent from the $367.0 million recorded in the first three quarters of 2004. Net earnings for the first nine months of 2005 were $18.8 million, up 26.4 percent from $14.9 million in the same period last year. On a diluted per-share basis, earnings were $0.97, up 19.8 percent from $0.81 in the first three quarters of 2004.
27 Oct 05. Goodrich Announces 20 Percent Increase in Third Quarter 2005 Net Income per Diluted Share
– Third quarter 2005 net income per diluted share was $0.49, a 20 percent
increase over third quarter 2004 net income per diluted share.
– Third quarter 2005 sales of $1,371 million increased 18 percent compared
to third quarter 2004, reflecting sales growth in all segments and
market channels.
– Full year 2005 outlook for sales expected to be approximately $5.3
billion, full year 2005 net income outlook remains unchanged at $2.00 –
$2.10 per diluted share.
21 Oct 05. Ericsson reports continued solid financial performance
* Net sales SEK 36.2 (31.8) b. in the quarter, SEK 106.2 (92.5) b.
first nine months
* Net income SEK 5.3 (4.3) b. in the quarter, SEK 15.8 (11.9) b.
first nine months 1)
* Earnings per share SEK 0.34 (0.27) in the quarter, SEK 1.00 (0.75),
first nine months 1)
* Industry two billion mobile subscriber mark passed – potential for
three billion within five years
21 Oct 05. Saab INTERIM REPORT January – September 2005
• Sales amounted to SEK 12,458 m. (12,089)
• Net income for the period was SEK 631 m. (696)
• Earnings per share amounted to SEK 5.63 (6.21)
• Order bookings during the period amounted to SEK 11,165 m. (11,300)
• The order backlog totaled SEK 42,660 m. (44,668), against SEK 43,162 m. at the beginning of the year
• Operating income was SEK 944 m. (1,057) and income after financial items was SEK 889 m. (965).
26 Oct 05. DaimlerChrysler AG’s income for the third quarter dropped 21% from 951m to 755m, on revenue of 38.2bn, up by 9.5%. Robust sales from the carmaker’s Chrysler unit and recovery at its Mercedes unit were offset by higher financial and income tax costs. Separately, the company has disclosed that it received a subpoena in September from the Securities and Exchange Commission to explain the company’s accounting of pensions in North America. (Source: FT.com/Abstracted from: The Wall St Journal)
27 Oct 05. The Board of Croma, the specialists in the design, development and production of overt and covert surveillance, security and defence related products, notes the recent press speculation and can confirm that it is in advanced negotiations to acquire two separate private companies which will provide complementary products to Croma’s existing portfolio. The two acquisitions are subject to, inter alia, completion of due diligence and financing. It is anticipated that part of the consideration for the two acquisitions will be satisfied by the issue of Croma shares, based on a valuation of the higher of 6.5 pence per share, or the mid-market closing price on completion. A further statement regarding these acquisitions will be made in due course. It is expected that the preliminary results for the year ended 30 June 2005 will be announced during the latter part of November. Those results will be below management expectations as a material contract which was anticipated to materialise during the period, suffered delays due to delays in the customers’ own product launch. Deliveries of those products have no