DecisionPoint Systems (OTCBB: DNPI) $0.40. Announced on Monday operating results for the fiscal third quarter and nine months ended September 30, 2009.
Third quarter revenues were $11.5 million, Third quarter gross margins grew to 20.6%, Third quarter operating income rose 32.6% compared to prior year's period. Third quarter net income was $165,000 or $0.01 per share compared to net profit of $26,000 for the same period last year.
Nicholas Toms, Chief Executive Officer of DecisionPoint commented "We are excited about our business outlook, as the momentum we have experienced in the first nine months of the year continues into the fourth quarter," noted Toms. "Our pipeline of projects is approaching $100 million."
In September, DecisionPoint announced that the United States Air Force had issued a supplemental order for $623,000 for additional BITS (Barcode Inventory Tracking System) Kits bringing the value of the ongoing program for tracking "Go To War" equipment support units to $5.4 million.
In addition, the Company continued to close business for its MobileArc Field Mobility suite of products and services. Decision Point recently announced the completion of a $2.7 million mobile security solution rollout for the leading provider of security solutions in the U.S. This is one of over two dozen new field mobility contracts secured in the third quarter, representing an aggregate value of over $5 million in deployments scheduled over the next two to three quarters.
What They Do: DecisionPoint Systems delivers improved productivity and operational advantages to its clients by helping them move their business decision points closer to their customers. They do this by making enterprise software applications accessible to the front-line worker anytime, anywhere. DecisionPoint utilizes all the latest wireless, mobility, and RFID technologies.
NetApp (Nasdaq: NTAP) $29.62. Today announced results for the second quarter of fiscal year 2010, which ended October 30, 2009. Revenues for the second quarter of fiscal 2010 were $910 million, compared to revenues of $912 million for the same period one year ago.
For the second fiscal quarter of 2010, GAAP net income was $96 million, or $0.27 per share(1) compared to GAAP net income of $43 million, or $0.13 per share for the same period in the prior year. Non-GAAP(2) net income for the second fiscal quarter of 2010 was $130 million, or $0.37 per share, compared to non-GAAP net income of $92 million, or $0.28 per share for the same period one year ago.
Revenues for the first six months of the current fiscal year totaled $1.75 billion, compared to revenues of $1.78 billion for the first six months of the prior fiscal year, a decrease of 2% year over year.
GAAP net income for the first six months of the current fiscal year totaled $147 million, or $0.43 per share, compared to GAAP net income of $78 million, or $0.23 per share for the first six months of the prior fiscal year. Non-GAAP net income for the first six months of the current fiscal year totaled $206 million, or $0.60 per share, compared to non-GAAP net income of $168 million, or $0.50 per share for the first six months of the prior fiscal year.
What They Do: NetApp creates innovative storage and data management solutions that accelerate business breakthroughs and deliver outstanding cost efficiency.
PetSmart (Nasdaq: PETM) $26.31. Today announced net income of $38.1 million, or $0.31 per share, for the third quarter of 2009. That compares with net income of $35.8 million, or $0.28 per share, for the third quarter of 2008.
Net sales for the third quarter of 2009 increased 3.5 percent to $1.29 billion, compared to the third quarter of 2008. Comparable store sales -- or sales in stores open at least a year -- grew 0.3 percent in the third quarter. Pet services sales were $136.7 million, up 8.0 percent from the third quarter of last year.
What They Do: PetSmart is the largest specialty pet retailer of services and solutions for the lifetime needs of pets.
Universal Health Services (NYSE: UHS) $58.33. Today announced that its Board of Directors has declared a two for one stock split in the form of a 100% stock dividend payable on December 15, 2009 to shareholders of record as of December 1, 2009. All classes of common stock will participate on a pro rata basis. The Board's decision should improve liquidity and trading volume in the Company's stock.
The company also announced that the Board of Directors voted to pay a cash dividend of $0.05 per share (post-split) on December 15, 2009 to shareholders of record as of December 1, 2009.
What They Do: Universal Health Services, Inc. is one of the nation's largest hospital companies, operating, through its subsidiaries, acute care and behavioral health hospitals, and ambulatory centers nationwide and in Puerto Rico.
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