Record Third Quarter Financial Results Driven by Strong Order Patterns and Operational Efficiencies; Company Increases Full Year 2014 Outlook
Highlights: Quarterly Net Sales increased 52% from Q3 FY'13 to a third quarter record of $78.8 million Record pre-season order period (Q2 & Q3 combined) as net sales increased 56% from the corresponding prior year period Record earnings per diluted share of $0.47 in third quarter, an increase of $0.45 per diluted share over the corresponding prior year period Adjusted EBITDA increased 118% from Q3 FY'13 to a third quarter record of $22.2 million Declared $0.2175 per share cash dividend paid on September 30, 2014 The Company raises guidance for full year 2014 earnings
Revenue and Adjusted EBITDA Exceed Company Third Quarter Guidance Third Quarter Earnings per Share Increase to $0.17, Achieving High End of Guidance Range
Strong Momentum Heading into 2015 Diet Season FORT WASHINGTON, Pa.
Plans to Spin Off Spine Business to Create SeaSpine, a New Publicly Traded Company, By Means of Tax-Free Distribution to Integra Shareholders Both Companies Will be Leaders in Providing Regenerative Technologies Integra to Operate as Two Global Divisions in 2015 Upon Completion of the Spin-Off: Specialty Surgical Solutions and Orthopedics & Tissue Technologies
PLAINSBORO, N.J., Nov.
Technologies, Inc. (NYSE: RTEC), a leading provider of process
characterization equipment, lithography equipment and software for wafer
fabs and Advanced Packaging facilities, today announced financial
results for the third quarter of 2014.
Technology Growth Capital, Inc. (NYSE:HTGC), the leading specialty
finance company focused on providing senior secured loans to venture
capital-backed companies in technology-related markets, including
technology, biotechnology, life science, and energy & renewable
technology industries, at all stages of development, announced today
that holders of an additional $23.1 million of its 6.00% Convertible
Senior Notes due 2016 have exercised their conversion rights.
Net cash used in operating activities was $12.3 million in the third quarter, while quarter-end cash position of $306.2 million provides solid runway for advancement of multiple programs
Initial indication for PRX003 targeted to psoriasis to leverage rapid proof-of-biology and inform future clinical pathway
NEOD001, for the treatment of AL amyloidosis, remains on track for Phase 2/3 study initiation later this year
DUBLIN, Ireland, Nov.
Superior Industries International, Inc. (NYSE:SUP), the largest
manufacturer of aluminum wheels for passenger cars and light-duty
vehicles in North America, today announced that it has signed a
commitment letter with J.P. Morgan Securities LLC as lead arranger,
JPMorgan Chase Bank, N.A. as administrative agent, and Wells Fargo Bank,
National Association as syndication agent for a $100 million senior
secured revolving credit facility.
-- Blaise Carrig to step down as president of mountain division to a senior advisor role -- Patricia Campbell to succeed Carrig as president of mountain division
-- John Buhler to succeed Campbell as COO of Breckenridge --
SOUTH SAN FRANCISCO, CA --
Intersections Inc. (NASDAQ: INTX), a leading provider of identity risk
management, privacy protection and other subscription based services for
consumers, today announced that Steve Bartlett, former President and CEO
of the Financial Services Roundtable, Mayor of Dallas, Texas, and U.S.
Congressman, and Bruce L.
Inc. (OTC PK: MYEC), the leader in electronic check solutions for
Internet and mobile payments, announced that it will provide its
patented electronic check services to four new customers, Superior
Telecom, New Age Telecom, Mesorah Heritage Foundation, and ArtScroll.com.
A new 21st century payment method, electronic checks are the fastest,
safest and lowest cost payment method in America, providing secure, low
cost, same day payments from any checking account.
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