Buster Crab; [HOM}
Press Release Source: Home Solutions of America, Inc.
Home Solutions Announces Record Fourth Quarter and Year-end Financial Results
Thursday March 30, 4:00 pm ET
2005 Income From Continuing Operations Increases 237% Resulting in Diluted EPS of $0.30
Operating Margins Expand in Fourth Quarter
DALLAS--(BUSINESS WIRE)--March 30, 2006--Home Solutions of America, Inc. (Amex: HOM - News); the "Company" or "Home Solutions"), a provider of recovery, restoration and rebuilding/remodeling services, announced record financial results for its fourth quarter and year-ended December 31, 2005. Fourth quarter revenue from continuing operations increased 186% to $25.5. million, compared to revenue of $9.0 million in the fourth quarter of fiscal 2004. Fiscal 2005 fourth quarter EBITDA from continuing operations increased 221% to $5.7 million (including $5.4 million of operating income and $.3 million of depreciation and amortization), compared to $1.8 million (including $1.5 million of operating income and $.3 million of depreciation and amortization) in the 2004 fourth quarter. Fourth quarter net income from continuing operations increased 287% to $4.1 million or $.09 per diluted share, compared to net income from continuing operations of $0.9 million, or $.03 per diluted share, in the same period for the prior year. Operating profit for the quarter increased 260% to $5.4 million from $1.5 million in the same period for the prior year.
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looking good. I'll put it back in
Allan
AH down .97, hard to believe , somebody sold it off. |
