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Strategies & Market Trends : Turnarund Investing
NOVS 0.0666-16.0%Aug 1 5:00 PM EST
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From: KirbyJF15/24/2012 6:21:16 PM
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Novation Companies Appraisal subsidiary Grows Revenues 221% Q/Q During the three months ended March 31, 2012, we continued to grow StreetLinks and significantly increased its appraisal volume. For the three months ended March 31, 2012, StreetLinks had revenues of $41.7 million, as compared to $18.9 million for the same period in 2011.
StreetLinks has produced net positive cash flow and earnings in 2011 and the three months ended March 31, 2012 and is expected to continue producing net positive cash flow and earnings for the foreseeable future.

LOOKING GOOD Novation Companies is "Best of Breed"

Kirby
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