SmallCapReview.com is a leading small cap stock information site since 1999, to register for the free SmallCapReview newsletter visit http://www.smallcapreview.com/.
LodgeNet Interactive Corporation (Nasdaq: LNET) Trading at $3.27, Up $1.58. Announced yesterday after market close quarterly revenue of $128.1 million compared to $139.8 million in the first quarter of 2008. The Company also reported operating income of $7.1 million compared to an operating loss of $(1.8) million in the first quarter of 2008, and net income of $6.0 million or $0.27 per basic share and $0.26 per diluted share for the first quarter of 2009 compared to a net loss of $(13.0) million or $(0.57) per share (basic and diluted) for the prior year period.
What They Do: LodgeNet Interactive Corporation is the leading provider of media and connectivity solutions designed to meet the unique needs of hospitality, healthcare and other guest-based businesses. LodgeNet Interactive serves more than 1.9 million hotel rooms representing 10,100 hotel properties worldwide in addition to healthcare facilities throughout the United States.
Carrols Restaurant Group (Nasdaq: TAST) Trading at $5.50, Up $1.43. Announced yesterday after market close preliminary financial results for the first quarter ended March 29, 2009.
Total revenues for the first quarter of 2009 were $201.3 million, an increase of 2.9% over the first quarter of 2008, with comparable restaurant sales increasing 5.1% at Burger King®, decreasing 1.6% at Taco Cabana® and decreasing 3.0% at Pollo Tropical®. Based upon first quarter 2009 revenues, the Company preliminarily anticipates net income for the first quarter of 2009 to be $4.5 million to $5.0 million, compared to $1.4 million in the first quarter of 2008, and diluted earnings per share to be $0.21 to $0.23 compared to $0.07 per diluted share in the year-ago period.
What They Do: Carrols Restaurant Group, Inc., operating through its subsidiaries, including Carrols Corporation, is one of the largest restaurant companies in the United States. The Company operates three restaurant brands in the quick-casual and quick-service restaurant segments with 559 company-owned and operated restaurants in 17 states as of March 29, 2009, and 29 franchised restaurants in the United States, Puerto Rico and Ecuador. Carrols Restaurant Group owns and operates two Hispanic Brand restaurants, Pollo Tropical and Taco Cabana. It is also the largest Burger King franchisee, based on number of restaurants, and has operated Burger King restaurants since 1976.
Health Grades, Inc. (Nasdaq: HGRD) Trading at $2.47, Up $0.49. Today announced financial results for the first quarter ended March 31, 2009. Ratings and advisory revenue for the three months ended March 31, 2009, increased $3.3 million, or 36%, to approximately $12.4 million from $9.1 million for the three months ended March 31, 2008. The revenue growth was principally driven by an increase of $2.1 million, or 124%, from the Company’s Internet Business Group compared to the three months ended March 31, 2008, and $1.0 million, or 15%, from the Company’s Provider Services business compared to the three months ended March 31, 2008.
Gross margins for the three months ended March 31, 2009 and 2008, were approximately 85% and 83%, respectively. Operating margins for the three months ended March 31, 2009 and 2008, were approximately 20% and 17%, respectively.
Operating income for the three months ended March 31, 2009, was $2.5 million, a $1.0 million increase, or 66%, over the three months ended March 31, 2008. Net income attributable to HealthGrades for the three months ended March 31, 2009, was $1.6 million or $0.05 per diluted share, compared to approximately $1.2 million or $0.03 per diluted share, for the same period of 2008.
What They Do: Health Grades is the leading independent healthcare ratings organization, providing quality ratings, profiles and cost information on the nation's hospitals, physicians, nursing homes and prescription drugs. Millions of patients and many of the nation’s largest employers, health plans and hospitals rely on HealthGrades’ quality ratings, advisory services and decision-support resources.
Woodward Governor Company (Nasdaq: WGOV) Trading at $18.38, Up $3.38. Announced yesterday after market close financial results for its second quarter of fiscal year 2009. Net sales for the quarter were $334.7 million, up 9 percent from $305.8 million for the same quarter of last year. Net earnings for the quarter were $18.5 million, or $0.27 per share, compared with $29.7 million, or $0.43 per share, in last year's second quarter. Net earnings for the current quarter included special charges of $0.16 per share as shown below. These charges are included in our nonsegment results. Sales growth would have been approximately 14 percent compared to last year's second quarter without the negative impact of exchange rates.
What They Do: Woodward is an independent designer, manufacturer, and service provider of energy control and optimization solutions used in global infrastructure equipment.
About SmallCapReview
Copyright SmallCapReview. SmallCapReview.com has been a leading site for news on small-cap stocks since 1999. SmallCapReview has built a loyal opt-in following for their investor products by providing a newsletter at no cost, sent to subscribers, highlighting select small-cap stocks, to register visit http://www.smallcapreview.com/.
