Zcontest Picks DHSM & BTJ
DHSM
DHS is a leading provider of medical outsourcing services to hospitals, physicians' offices and other healthcare facilities. DHS provides radiology and cardiology diagnostic services and equipment, as well as departmental management services, to healthcare facilities on an in- house and shared basis. The Company operates in 20 midwestern, western and southern states.
Revenues for the quarter rose 140% to $14.9 million from $6.2 million in the third quarter of 1996. Net income for the quarter increased to $1.5 million from $729,000 in the prior year. Earnings per share improved from $.08 to $.14 and were calculated on a 21% increase in primary weighted average common shares outstanding as compared to the same quarter in 1996. Fully diluted earnings per share improved from $.08 to $.13 and were calculated on a 25% increase in fully diluted weighted average common shares outstanding as compared to the same quarter in 1996.
PE: 22
Growthrate: appox. 32%
One of the major reasons I like this company is that it is growing by acquisition and it has an excellent management team. Also it is a Texas company. :o)
BTJ:
BTJ develops, manufactures, leases and sells geo-physical equipment and provides geophysical data acquisition services for use in the exploration for oil and gas. (They are the leader in the in production of airguns for the seismic industry) For the six months ended 12/31/97, revenues increased 37% to $6.4 million. Net income
totalled $1.9 million, up from $865 thousand. Revenues reflect growth in marine equipment sales. Net income also reflects decreased cost of services due to lower salary, benefits and occupancy costs, and increased interest income.
Bolt Announces Second Quarter Results
NORWALK, Conn.--(BUSINESS WIRE)--Jan. 14, 1998--Bolt Technology Corp.
(AMEX:BTJ - news) announced the results of operations for the second quarter and first six months of fiscal 1998.
The company reported that revenues and net income for the three months ended Dec. 31, 1997 amounted to $3,750,000 and $984,000 ($0.19 per share), respectively, as compared to revenues of $2,353,000 and net income of $472,000 ($0.09 per share) in last year's second quarter. This year's second quarter net income includes a net income tax benefit of $100,000 ($0.02 per share).
For the six months ended Dec. 31, 1997, revenues and net income amounted to $6,407,000 and $1,852,000 ($0.36 per share), respectively, as compared to revenues of $4,671,000 and net income of $865,000 ($0.17 per share) during the corresponding six months last year. This year's six months net income includes a net income tax benefit of $358,000 ($0.07 per share).
PE: 12
Growthrate: approx 37%?
This company has been beaten up with the rest of the oil service sector and is due for a bounce. Also they are concentrated in supplying seismic supplies to offshore and shouldn't be affected like the land seismic companies could. |
