Peer Group Comparison Update
MC,
I've found another excellent industry peer for comparison purposes by the name of Joule Incorporated. Very similar in revenues, earnings, size and staffing segments offered yet commands a higher price in the $5.00 range. Follow the link provided.
quote.yahoo.com
Joule's most recent earnings release.
Monday February 2, 2:48 pm Eastern Time - Company Press Release
JOULE Inc. Reports Improved Financial Results for Fiscal 1998 First Quarter
EDISON, N.J.--(BUSINESS WIRE)--Feb. 2, 1998--JOULE Inc. (AMEX:JOL - news) today announced its financial results for the fiscal 1998 first quarter, which ended December 31, 1997.
First-quarter revenues rose 12 percent to $12,304,000 from $10,943,000 for the same quarter last year. Net income for the quarter was $178,000, or $0.05 per share, basic and diluted, an increase of 89 percent over the $94,000, or $0.03 per share, basic and diluted, reported for fiscal 1997's first quarter.
Emanuel N. Logothetis, Chairman and President, stated, ''Our improved results for the quarter are a positive start to the year. While the first quarter partly benefits from a weak year-over-year comparison, we are seeing higher levels of business in each of our segments. We continue to be pleased with the strong revenue growth of our Technical Staffing and Commercial Staffing divisions, and Industrial Staffing's improvement is meeting our expectations. Given our current business conditions, I am optimistic that fiscal 1998's results also should exceed 1997's.''
JOULE Inc. is a staffing company providing a variety of technical, commercial, and industrial services. Established in 1965, JOULE Inc. operates 13 branch offices, primarily in the greater New Jersey area.
Regards,
Tom |
