Rochester,NY 9/2/2009 8:35:39 PM
AeroCentury Corp.ACY-Recently filed Second Quarter 2009 Results;Revenues of $8.2 million
AeroCentury Corp
AeroCentury Corp., an independent aircraft equipment leasing company, recently announced its preliminary, unaudited operating results for the second quarter ended June 30, 2009.
For the second quarter ended June 30, 2009, the Company filed a total revenues of $8.2 million compared with total revenues of $7.7 million for the same period a year ago. For the six months ended June 30, 2009, the Company filed total revenues of $16.3 million compared with revenues of $15.5 million for the same period in 2008.
The Company reported net income of $1,368,000 or $0.89 per diluted share for the second quarter of 2009, compared to net income of $1,586,000 or $0.99 per diluted share for the second quarter of 2008 and net income of $2,606,000 or $1.69 per diluted share for the first six months of 2009, compared to net income of $1,881,000 or $1.17 per diluted share for the first six months of 2008.
AeroCentury Corp. and its subsidiaries invest in used regional aircraft equipment leased to foreign and domestic regional air carriers. The company leases regional aircraft and engines, which are used by customers under triple net operating leases in Europe, the United Kingdom, the Caribbean, Central America, Asia, the United States, Africa, and South America.
About Stock Einstein
StockEinstein uses proprietary technologies coupled with years of experience to uncover stocks we feel have the greatest potential for breakout performance. We utilize not only software, but time tested criteria to uncover these potential winners. When these benchmarks are reached or exceeded, our subscribers are immediately notified.
This service is free and available only to subscribers. Scroll to the bottom of this page to signup for free stock alerts and visit our site.
Disclaimer: Full disclaimer at http://StockEinsteain.com/disclaimer.php
IMPORTANT: Never invest in any stock featured in any press release, email or website unless you can afford the loss of your entire investment. Stocks and particularly penny stocks have the possibility for dramatic gains, and also losses. Neither StockEinsteain, nor any of its affiliates are registered investment advisors or broker dealers.
