Cree is No. 32 on Fortune List of 100 Fastest-Growing Small Companies:
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Monday June 17, 4:32 pm Eastern Time
Press Release
SOURCE: Fortune Small Business
FSB: FORTUNE Small Business Ranks America's 100 Fastest-Growing Small Companies
Second Annual List Places NYFIX of Stamford, CT at No. 1
NEW YORK--(BUSINESS WIRE)--June 17, 2002--NYFIX, a firm which develops electronic trading systems for brokerage firms, banks, and global exchanges, debuted at No. 1 on FSB: FORTUNE Small Business' second annual list of the 100 Fastest-Growing publicly held small businesses in America.
One of 19 technology companies on the list, NYFIX developed a network that allows institutional traders to buy and sell equities off the major markets. With clients including Morgan Stanley and Lehman Brothers, NYFIX's system was an immediate success, boosting the firm's 2001 revenues 75%. Dynacq International, a Houston, TX company that runs surgery centers and a home healthcare service, ranked No. 2, up one spot from last year; an anime toy licenser, 4Kids Entertainment of New York City, ranked No. 3; Quicksilver Resources of Fort Worth, TX, which specializes in unconventional sources of natural gas, ranked No. 4; and Catalyst Semiconductor, based in Sunnyvale, CA, a company that makes programmable chips for communication products, came in at No. 5. Rounding out the top ten on FSB's list are: Key Production of Denver, CO at No. 6; CompuDyne of Hanover, MD at No. 7; Asta Funding of Englewood Cliffs, NJ at No. 8; Evergreen Resources of Denver, CO at No. 9; and Panhandle Royalty of Oklahoma City, OK at No. 10 (complete list is attached).
Companies were ranked based on three criteria, averaged to create the final list: earnings growth, revenue growth, and stock performance over the past three years. The 2002 FSB 100 includes 65 new companies. Combined, the companies on the list produced just over $1 billion in net income in 2001 while employing only 49,696 people. Many industries are evenly represented among the list with tech firms leading at 19% of the companies listed, 18% are financial firms, 16% health care, and 13% industrial. California, for the second year, tops the list of states with the most FSB 100 businesses with 21 companies, followed by New York with eleven, Texas with ten and Colorado with seven. Compiled with help from Zachs Investment Research, the FSB 100 list took into consideration only companies traded on major exchanges with $200 million or less in annual revenue and with a stock price above $1.
In related stories, writer Andrew Rafalaf introduces the FSB 100 cover package with an examination of how these companies found success in the current economy in "The Tough Get Growing"; Carlye Adler, an FSB writer, takes a look at one of the biggest and most successful security companies in the world, CompuDyne--No. 7 on the list--in the article "Safe and Sound"; Brian O'Keefe reports on the status of the companies on last year's FSB 100 in "Where Are They Now?"; and as the Enron scandal unfolds and the SEC cracks down on business accounting practices, FSB contributor Daniel Roth presents five rules for companies to follow to prove that their numbers are clean in "Under the Microscope."
The July/August issue of FSB: FORTUNE Small Business is available on newsstands beginning July 1.
Visit FSB online at www.fsb.com for these and other stories and additional small business related articles, columnists, and chats.
The FSB 100 List - 2002
Rank/Company Headquarters
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1. NYFIX Stamford, CT
2. Dynacq International Pasadena, TX
3. 4Kids Entertainment New York, NY
4. Quicksilver Resources Fort Worth, TX
5. Catalyst Semiconductor Sunnyvale, CA
6. Key Production Denver, CO
7. CompuDyne Hanover, MD
8. Asta Funding Englewood Cliffs, NJ
9. Evergreen Resources Denver, CO
10. Panhandle Royalty Oklahoma City, OK
11. Zoll Medical Burlington, MA
12. Elantec Semiconductor Milpitas, CA
13. FTI Consulting Annapolis, MD
14. Advent Software San Francisco, CA
15. Prima Energy Denver, CO
16. Macrovision Santa Clara, CA
17. Swift Energy Houston, TX
18. Ceradyne Costa Mesa, CA
19. Green Mountain Coffee Waterbury, VT
20. ArthroCare Sunnyvale, CA
21. ClearOne Communications Salt Lake City, UT
22. National Home Health Care Scarsdale, NY
23. Toreador Resources Dallas, TX
24. Noven Pharmaceuticals Miami, FL
25. Shuffle Master Las Vegas, NV
26. Semtech Camarillo, CA
27. Actrade Financial Technologies New York, NY
28. Berry Petroleum Bakersfield, CA
29. EPIQ Systems Kansas City, KS
30. Air Methods Englewood, CO
31. Tollgrade Communications Cheswick, PA
32. Cree Durham, NC
33. MB Financial Chicago, IL
34. Frequency Electronics Mitchel Field, NY
35. TALX St. Louis, MO
36. SurModics Eden Prairie, MN
37. ComTech Telecommunications Melville, NY
38. Mercantile Bank Wyoming, MI
39. Pixar Emeryville, CA
40. Cognizant Tech Solutions Teaneck, NJ
41. U.S Physical Therapy Houston, TX
42. Remington Oil & Gas Dallas, TX
43. Manhattan Associates Atlanta, GA
44. Hudson River Bancorp Hudson, NY
45. Mobile Mini Tempe, AZ
46. Bradley Pharmaceuticals Fairfield, NJ
47. Impath New York, NY
48. Monterey Pasta Salinas, CA
49. Dianon Systems Stratford, CT
50. SpectraLink Boulder, CO
51. Intermagnetics Latham, NY
52. Rambus Los Altos, CA
53. Nanometrics Milpitas, CA
54. Cholestech Hayward, CA
55. Team Alvin, TX
56. AXT Fremont, CA
57. Hemlock Federal Financial Oak Forest, IL
58. Mercury Computer Systems Chelmsford, MA
59. II-VI Saxonburg, PA
60. Corporate Office Properties Trust Columbia, MD
61. Dorchester Hugoton Garland, TX
62. Petroleum Development Bridgeport, WV
63. CoBiz Denver, CO
64. AAON Tulsa, OK
65. Dwyer Group Waco, TX
66. Multi-Color Cincinnati, OH
67. Boston Private Financial Boston, MA
68. First Defiance Financial Defiance, OH
69. Capital Automotive McLean, VA
70. Embrex Durham, NC
71. Aware Bedford, MA
72. Advanced Energy Fort Collins, CO
73. Quixote Chicago, IL
74. Escalade Evansville, IN
75. Forrester Research Cambridge, MA
76. Keithley Instruments Solon, OH
77. Verity Sunnyvale, CA
78. FactSet Research Systems Greenwich, CT
79. Opinion Research Skillman, NJ
80. Espey Manufacturing Saratoga Springs, NY
81. Community Capital Greenwood, SC
82. National Mercantile Bancorp Los Angeles, CA
83. Daktronics Brookings, SD
84. Capital Corp. of the West Merced, CA
85. InterPore International Irvine, CA
86. Kensey Nash Exton, PA
87. Renaissance Learning Wisconsin Rapids, WI
88. Quaker City Bancorp Whittier, CA
89. AZZ Fort Worth, TX
90. Capital Crossing Bank Boston, MA
91. Techne Minneapolis, MN
92. XETA Technologies Broken Arrow, OK
93. ICU Medical San Clemente, CA
94. Interlott Technologies Mason, OH
95. Eufaula Bancorp Eufaula, AL
96. Vail Banks Vail, CO
97. MapInfo Troy, NY
98. Delta Natural Gas Winchester, KY
99. Dime Community Bancshares Brooklyn, NY
100. Neogen Lansing, MI |
