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Earnings Analysis: 
BlueLinx and Allot Post Lower Quarterly Net
Author: 123jump.com Staff
123jump.com
Last Update: 11:19 AM EST February 12 2008



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The building products distributor added that loss per share was 91 cents, compared with earnings of 51 cents a share in 2006. The company’s SKU rationalization initiative hurt earnings per share by about 20 cents for the full year. Sales for the year fell 21.7% on lower unit volume and prices. Allot Communications Ltd. Posted a 9% lower revenue in the quarter.

 
Allot Communications Ltd. (ALLT: chart) reported revenues declined 9% in the fourth quarter of 2007 to $8.7 million, from the $9.6 million a year ago and 25% lower from $7 million in third quarter of 2007.

Net loss for the fourth quarter 2007 was $5.5 million, or $0.25 per diluted share, compared to net profit of $53,000, or break even per diluted share in year-ago and a net loss of $2.2 million, or $0.10 per diluted share, in the third quarter of 2007.

Amerigon Incorporated (ARGN: chart) said that revenues in the fourth quarter of 2007 were $16.4 million, up from $15 million in the same quarter in 2006.

Net income for the 2007 fourth quarter was $1.8 million, or $0.08 per basic and diluted share, compared with net income in last year''s fourth quarter of $1.0 million, or $0.05 per basic and diluted share.

BlueLinx Holdings Inc. (BXC: chart) said that fourth quarter net loss $34.1 million, or $1.10 per diluted share, against net loss of $5.9 million, or $0.19 per diluted share, in year-ago.

Revenues for the fourth quarter decreased 17.2% to $778.9 million from $940.2 million for the same period a year ago.

Coca-Cola Enterprises (CCE: chart) reported fourth quarter of 2007, earnings per diluted share 32 cents, compared to 29 cents per diluted share for the same quarter of last year.

Emergency Medical Services Corporation (EMSC: chart) reported fourth quarter ended December 31, 2007, net revenue of $537.2 million, an increase of 7.2% compared to the same quarter last year.

Net income was $13.4 million or $0.31 per diluted share for the fourth quarter of 2007, compared to net income of $10.8 million, or $0.25 per diluted share, for previous year.

Expeditors International of Washington, Inc. (EXPD: chart) said that net revenues for the fourth quarter of 2007 increased 13% to $379.4 million from $335.8 million in the fourth quarter of 2006.

Net earnings for the fourth quarter were $0.32 per diluted share, as compared with diluted earnings per share of $0.28 for the same quarter a year ago.
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