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Earnings Analysis: 
Focus Media, Cascade Drop 8%
Author: 123jump.com Staff
123jump.com
Last Update: 12:20 PM EDT June 06 2008


Focus Media reported first quarter sales surge of 215% but reported a loss of $53.8 million. National Semiconductor Corporation fourth quarter revenue rose 1% to $462 million and net income increased 8% to $83 million. Mobile home maker Nobility Homes sales in the first quarter fell 7.7% to $8.8 million and earnings declined 17.7%. Quiksilver, outdoor apparel maker reported revenue gain of 15% to $596.3 million and net loss of $206 million of $1.59 per share.

 
[R]11:30AM New York – Cascade and Focus Media report rising revenues and declining earnings. National Semi and Nobility Homes sale and earnings fell.[/R]

Alloy, Inc, a media and marketing services company said first quarter revenues rose 30% to $49.1 million from $37.8 million a year ago. Net loss in the quarter was $1.6 million or 12 cents per diluted share compared to net loss of $1.7 million or 13 cents per share, a year ago.

Alloy, Inc (ALOY: chart) in the last one year traded as high as $10.94 in Dec. 2007 and as low as $6.28 in Apr. 2008.

Blyth, Inc, maker of candles and household products said first quarter sales dropped 8% to $249.8 million from $270.4 million a year ago. Net income in the quarter declined 8.75% to $1.2 million or 3 cents per diluted share compared to net income of $11.7 million or 30 cents per share, a year ago.

Blyth, Inc (BTH: chart) in the last one year traded as low as $15.45 in August 2007 and as high as $28.10 in April 2008.

C&D Technologies, Inc, a battery maker said first quarter sales rose 21% to $93.8 million from $77.5 million a year ago. Net income in the quarter was $577,000 or 2 cents per diluted share compared to net income of $4.1 million or 13 cents per share, a year ago.

C&D Technologies, Inc (CHP: chart) in the last one year traded as low as $3.70 in October 2007 and as high as $7.01 in March 2008.

Cascade Corporation, a forklift equipment maker said first quarter sales rose 11% to $149.9 million from $135.5 million a year ago. Net income in the quarter declined 54.20% $10.9 million or 98 cents per diluted share compared to net income of $23.8 million or $1.90 per share, a year ago.

Cascade Corporation (CAE: chart) in the last one year traded as high as $89.87 in December 2007 and as low as $39.70 in April 2008.

Comarco, Inc, a mobile power solutions provider said first quarter revenues rose 128% to $12.3 million from $5.4 million a year ago. Net loss in the quarter was $1.7 million or 23 cents per diluted share compared to net loss of $1.6 million or 22 cents per share, a year ago.

Comarco, Inc (CMRO: chart) in the last one year traded as high as $7.27 in December 2007 and as low as $2.87 in May 2008.

Focus Media Holding Limited, an advertising network operator based in China said first quarter revenues rose 214.7% to $161.6 million from $51.3 million a year ago. Net loss in the quarter was $53.8 million or 42 cents per ADS compared to net income of $16.3 million or 21 cents per ADS, a year ago.

Focus Media Holding Limited (FMCN: chart) in the last one year traded as high as $66.30 in August 2007 and as low as $29.25 in April 2008.

G-III Apparel Group, Ltd, a sportswear and outerwear manufacturer said first quarter revenues declined 53.44% to $75.4 million from $35.1 million a year ago. Net loss in the quarter was $6.9 million or 42 cents per diluted share compared to net loss of $6.4 million or 42 cents per share, a year ago.

G-III Apparel Group, Ltd (GIII: chart) in the last one year traded as high as $21.00 in November 2007 and as low as $10.73 in March 2008.

National Semiconductor Corporation, semiconductor product said fourth quarter revenues rose 1% to $462 million from $455.9 million a year ago. Net income in the quarter up 8% to $83.2 million or 34 cents per diluted share compared to net income of $90.1 million or 28 cents per share, a year ago.

The company''s per-share income increased because the number of shares outstanding dropped to about 246.3 million from 327.5 million. The quarter also included $9.1 million in severance costs and $20 million in stock-based compensation expense. The company expects first quarter revenue of $460 million to $475 million.

National Semiconductor Corporation (NSM: chart) in the last one year traded as high as $29.69 in November 2007 and as low as $16.21 in March 2008.

Nobility Homes, Inc, mobile homes maker said first quarter sales declined 7.76% to $8.16 million from $8.80 million a year ago. Net income in the quarter declined 17.77% to $620,000 or 15 cents per diluted share compared to net income of $731,000 or 18 cents per share, a year ago.

Nobility Homes, Inc (NOBH: chart) in the last one year traded as low as $15.98 in December 2007 and as high as $21.24 in February 2008.
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.

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