Tag Archives: 4th quarter results

Andersons, Inc (ANDE) Posts Profit In 2008 But Loss In 4th Quarter

The Andersons just reported their 4th quarter and full year results. Although the company reported net income of $32.9 million, or $1.79 per share, the full year results represent a 54% decrease in net income from 2007, then the company earned $68.8 million, or $3.75 per share.

Looking at just the 4th quarter, the company reported a loss of $33.4 million, or $1.85/share. In the 4th quarter of last year, the company reported net income … Read the rest

EMCORE (EMKR) 4th Quarter Results Show Larger Loss Than Expected

EMCORE released preliminary 4th quarter results today. The company performed below expectations, posting a net loss (GAAP) of $19.4 million, or .25/share. The previous year, the company had posted a loss of $17.5 million, or .34/share. Looking at the Non-GAAP numbers, net loss was 12 cents a share, well below Wall Street’s expectations of .01/share.  

EMCORE advised that gap in performance was primarily  related to "lower gross margins related to expenses on inventory write-downs and … Read the rest