Tag Archives: Earnings Per Share

Business, Finance, Occupation & Industry

Zep Inc. Reports Solid Second Quarter Results

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By Business Wirevia The Motley Fool

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Zep Inc. Reports Solid Second Quarter Results


Compared to the second quarter of last year,


  • Revenue grew 7.7% to $163.4 million

  • Gross profit margin grew by 260bps to 47.4%

  • Earnings Per Share grew 9.1% to $0.12

  • EBITDA increased $3.0 million or 34% to $11.8 million

  • Zep Vehicle Care integration on-track

ATLANTA–(BUSINESS WIRE)– Zep Inc. (NYS: ZEP) , a leading consumable packaged goods company that manufactures a wide variety of high-performance maintenance and cleaning chemicals, today reported financial results for the three-month period ended February 28, 2013.

Second quarter results reflected sales growth in retail, which were again driven by automotive aftermarket and by sales to new retailers, while our distribution channel again drove growth with industrial/MRO customers. In addition, acquisitions added approximately $17.4 million to net sales during the quarter.

Business, Finance, Occupation & Industry

Chase Corporation Announces Second Quarter Results

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Chase Corporation Announces Second Quarter Results

Revenues of $48.4 Million

Earnings Per Share of $0.29

BRIDGEWATER, Mass.–(BUSINESS WIRE)– Chase Corporation(NYSE MKT: CCF) today reported revenues of $48.4 million for the quarter ended February 28, 2013. This represents an increase of $19.0 million or 65% compared to $29.4 million in the same quarter of last fiscal year. The current quarter included revenues of $18.2 million from the Company’s NEPTCO acquisition (of which $3.0 million related to the NEPTCO Joint Venture) which was acquired in June 2012. Net income attributable to Chase Corporation of $2.64 million increased $1.44 million or 120% from $1.20 million in the prior year period. Earnings per diluted share of $0.29 in the second quarter of fiscal 2013 represented an increase of $0.16 compared to $0.13 per share in fiscal 2012. Included in the current quarter results are charges totaling $0.87 million relating to defined benefit plan settlement costs.

For the six months ended February 28, 2013, revenues increased $40.2 million or 65% to $101.8 million, compared to $61.6 million in the prior year period. The fiscal 2013 year to date period includes revenues of $37.2 million from the Company’s NEPTCO acquisition (of which $6.4 million related to the NEPTCO Joint Venture). Net income attributable to Chase Corporation increased $2.66 million or 75.6% to $6.18 million or $0.68 per share in the year to date period from $3.52 million or $0.39 per share in the same period in fiscal 2012. Included in the fiscal 2013 year to date period are charges totaling $1.79 million relating to the step up in fair value of inventory and defined benefit plan settlement costs.

Peter R. Chase, Chairman and Chief Executive Officer, commented: “Our second quarter finished better than plan in both the Industrial Materials and Construction Materials segments. As in the first quarter, electronic coatings and Paper Tyger showed the most improvement in industrial while C.I.M. continued to supply a large international project to boost construction. Other areas performed fairly close to expectation with the exception of pipeline products which was affected by delays in the start of a supply contract. This tends to be the nature of large construction projects as timing of orders can be difficult to predict due to a range of factors.

“The Company has been in the process of restructuring for the past three years. We have …read more

Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Perion Announces Another Record Quarter and Year: Fourth Quarter Revenues up 90%; Adjusted EBITDA Tr

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Perion Announces Another Record Quarter and Year: Fourth Quarter Revenues up 90%; Adjusted EBITDA Triples to $4.9 Million


Will exceed $110 Million in Revenue and $26 Million of EBITDA in 2013

TEL AVIV, Israel & SEATTLE–(BUSINESS WIRE)– Perion Network Ltd. (NAS: PERI) today announced financial results for the fourth quarter and full year ended December 31, 2012.

Q4 2012 non-GAAP Financial Highlights Include:

  • Quarterly revenues increased 90% year-over-year to a record $21.4 million;
  • Product and advertising revenues increased 27% year-over-year, reaching $6.1 million;
  • Search revenue increased year-over-year 136% to a record $15.3 million;
  • Adjusted EBITDA increased 262% year-over-year, reaching $4.9 million, or 23% of revenues;
  • Net income doubled year-over-year, reaching $3.6 million, or 17% of revenues; and
  • Earnings Per Share was $0.32, double that of the fourth quarter of 2011.

Year of 2012 non-GAAP Financial Highlights Include:

  • Year-to date revenues increased 65% year-over-year to a record $61.2 million;
  • Product and advertising revenues increased 101% year-over-year, reaching $23.1 million;
  • Search revenue increased year-over-year 49% to $38.1 million;
  • Adjusted EBITDA increased year-over-year 44% to $14.0 million, or 23% of revenues;
  • Net income was $10.3 million, representing 17% of revenues;
  • Earnings Per Share was $0.99, a 20% increase from 2011; and
  • GAAP Cash Flow from Operations was $16.3 million, a 133% increase from 2011.

Josef Mandelbaum, Perion’s CEO, commented: “2012 was a great year for Perion. We had record organic revenue growth, increased profitability, …read more
Source: FULL ARTICLE at DailyFinance