ThursdayMay 06, 2010 11:31 am

DG FastChannel, Inc. (DGIT) Reports Record First Quarter Results

DG FastChannel® Inc., the nation’s leading provider of digital media services to the advertising industry, with the largest network designed specifically for spot distribution, has reported record financial results for the first quarter ending March 31, 2010. Consolidated revenue for the first quarter 2010 increased 31% to $54.2 million, compared to $41.4 million for the same quarter in 2009. In addition, first quarter Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased 71%, to $24.1 million, compared to $14.1 million for the same quarter in 2009. First quarter net income was $8.0 million, or $0.32 per diluted share, compared…

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ThursdayMay 06, 2010 10:46 am

Crown Equity Holdings, Inc. (CRWE.OB) Reports Improved Financials for First Quarter 2010

One company that has started to catch the attention of investors is Crown Equity Holdings, Inc. Located in Las Vegas, Nevada, Crown Equity is a consulting organization which provides and assists small business owners with the knowledge required to take their company public and provides stellar web-based advertising. Today, Crown Equity took a major step towards enhancing its future when they filed their Form 10-Q for the first quarter of 2010 stating the company’s financial condition. The first quarter of 2010 displayed a major financial improvement for the young company from the same quarter in 2009. In this year’s first…

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ThursdayMay 06, 2010 9:51 am

Sound Financial Inc. (SNFL.OB) Announces First Quarter Financial Results

Yesterday, Sound Financial Inc. announced financial results for the first quarter ended March 31, 2010. Sound Financial Inc. is the holding company for Sound Community Bank. The Company reported a net profit of $57 thousand dollars for the quarter ended March 31, 2010, compared to a net loss of $462 thousand dollars in the fourth quarter of 2009. "It appears we are starting to see some signs of stabilization in the economy at large, however local unemployment levels and real estate values may continue to restrain near term economic recovery in the Puget Sound area. We remain focused on credit…

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WednesdayMay 05, 2010 3:04 pm

Sanswire Corp. (SNSR.OB) Delivers SkySat Airship for Global Telesat Corp.

Sanswire Corporation, based in Aventura, Florida, announced today that it has delivered a SkySat airship to Eastcor Engineering facilities in Maryland. Eastcor Engineering is a third party defense contractor that was hired through an agreement between Sanswire and Global Telesat Corporation (GTC) to conduct an inspection on the airship. Global Telesat, an industry leading provider of asset tracking and monitoring solutions for governments and commercial users, has officially accepted the third party inspection of the airship and should be releasing a final payment for the 126-foot unmanned SkySat airship to Sanswire in the near future. Global had previously issued a…

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WednesdayMay 05, 2010 3:01 pm

CIBER, Inc. (CBR) Reports Lower Net Income in First Quarter

CIBER, Inc. reported net income of $3.5 million, or $0.05 per diluted share, in the first quarter of 2010 ending 3/31/2010. This was down slightly from the net income of $4.3 million, or $0.07 per diluted share, reported in the same quarter of 2009. Management of CIBER, Inc. attributed the decline in net income to a translation gain in foreign exchange, higher interest expense and losses in non-controlled entities. Despite the drop in net income on a year over year basis, CIBER, Inc. reported an increase in revenue to $262.7 million in the quarter that just ended, from $258.5 million…

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WednesdayMay 05, 2010 2:58 pm

Citizens Bancshares Corp. (CZBS.OB) Reports Decline in First Quarter Loan Demand

Citizens Bancshares Corp. reported first quarter of 2010 net income of $0.5 million, or $0.25 per share, compared to net income of $0.25 million, or $0.12 per share, in the same quarter of 2009 Citizens Bancshares Corporation reported an increase in total assets in the first quarter of 2010 to $414 million, a $26 million increase year over year. Total deposits increased as well, to $352 million at the end of the first quarter of 2010, a $26 million, or 8% increase. Citizens Bancshares Corporation reported a decline in loan growth of $1.8 million to $202.5 million at the end…

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WednesdayMay 05, 2010 1:57 pm

Metropolitan Health Networks, Inc. (MDF) Reports Record First Quarter Financials

Metropolitan Health Networks, Inc., serving the needs of Medicare Advantage and other patients statewide via a network of primary care practices collectively known as “Metcare of Florida”, has grown to a point where it is in striking distance of becoming Florida’s premier patient-centric provider for individuals with Medicare, and took some time out yesterday to detail their record-breaking 1Q FY10 (ending Mar. 31) financial data: • Operating Income rose briskly, up 42.9% to $11.2M (compared to $6.4M in 09). • Net Income was up 43.7% to $7.1M or $0.18/share basic, $0.17 diluted ($4M - $0.09/$0.08 in 09) • Revenue was…

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WednesdayMay 05, 2010 1:43 pm

GeoVax Labs, Inc. (GOVXD.OB) Moving Forward with Leading HIV/AIDS Vaccine Candidate, Reports 1Q 2010 Financial Data

GeoVax Labs, Inc., developer of HIV/AIDS and other vaccines whose DNA and MVA vaccines showed increased anti-HIV immunological response in Phase 1 human clinical data, leading to Phase 2 testing in 09 (currently ongoing), and FDA Phase 1 therapeutic trial approval for patients infected with HIV, disclosed 3-month (ending Mar.31) financial data today. With a bright future doling out lucrative manufacturing and distribution rights to a global market eager for these revolutionary products, GOVXD ended the period with $2,603,108 in cash as net loss declined 19.8% from the same period in 09 to $690,789 – losses were offset by grants…

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WednesdayMay 05, 2010 1:41 pm

SBT Bancorp Inc. (SBTB.OB) Reports Solid Q1 Results

SBT Bancorp Inc., holding company for Simsbury Bank & Trust Company, today posted first-quarter results for the three months ended March 31, 2010. Net income of $243,000, or $0.21 per diluted share, reflects a 67-percent increase over the $146,000, or $0.17 per diluted share, reported for the first quarter of 2009. Total revenues increased 24 percent to $2,856,000 in the first quarter compared to $2,297,000 for the same period of 2009. Total assets as of March 31, 2010, grew 9 percent to $283 million compared to $260 million as of March 31, 2009. SBT Bancorp reported loans outstanding of $196…

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