Pre-market: Pacific Ethanol profitable in QI
Sacramento, Calif.-based Pacific Ethanol, Inc. (Nasdaq: PEIX) swung to a quarterly profit, in the first quarter ended March 31, the company said after Wednesday’s close. The net income for the first three months of 2007 was $3.0 million, compared with a net loss of $0.6 million for the first quarter of 2006, primarily due to an increase of 160% in net sales, the company said. That translates to earnings of $0.05, in line with expectations, compared with a loss of $0.02 per share during the same period of 2006.
Home Solutions of America, Inc. (Nasdaq: HSOA), a provider of construction and interior services, earned $5.7 million, or $0.12 per share, in the quarter ended March 31, compared with $2.3 million, or $0.06 per share in the same period a year earlier, the Dallas-based company said after Wednesday’s close. Wall Street was looking for earnings of $0.12 per share. The stock is up
Shares of electronic components distributor Jaco Electronics, Inc. (Nasdaq: JACO) are trading lower on news this morning that the Hauppauge, N.Y.-based company lost $0.12 per share in the quarter ended March 31, compared with net income of $0.01 per share a year earlier. The stock is down
Charlotte, Mich.-based Spartan Motors, Inc. (Nasdaq: SPAR) has received subcontract orders from two major defense manufacturers totaling $107.6 million, the manufacturer of custom chassis for vehicles said this morning. Shares are up
Shares of London, England-based Amarin Corporation plc (Nasdaq: AMRN) are gaining ground on news this morning that the neuroscience company reported a narrower net loss of $8.8 million, or $0.10 per share, for the first quarter of 2007, compared with net loss of $9.0 million, or $0.11 per share, a year earlier. Analyst estimates were not available. The stock is up
24/7 Real Media, Inc. (Nasdaq: TFSM) saw its first-quarter revenue increase 34% to $57.7 million, compared with $42.9 million in the first quarter of 2006, the New York-based digital marketing company said after Wednesday’s close. That’s just below analysts’ estimated revenue of $58.74 million.
