Gtech Holdings’, (
GTK: chart), revenue advanced 9% in to $368.3 million from $337.9 million in the same period a year ago. Excluding items, the company beat analysts’ forecasts for a profit of 47 cents a share. Gtech added its product margins grew to 45.6% in Q4 from 26.6% in the same period a year ago due to a favorable change in product mix.
Harley-Davidson, Inc., (
HDI: chart), producer of heavyweight motorcycles, motorcycle parts, and related accessories, reported record Q1 net income of 86 cents a share, up 3.2% from 77 cents a share for the year-ago period on 4% revenue growth. The company added that its dealers continued their retail sales growth momentum from the second half of 2005 as motorcycle sales rose by approximately 7% worldwide in Q1.
Gannett Co. Inc., (
GCI: chart), media company, reported that Q1 earnings dropped to 99 cents a share, down from $1.05 cents a share in the year-ago period due to a difficult advertising environment at its flagship newspaper, USA Today. The company earnings are in line with analysts’ forecasts for earnings of 99 cents a share.
Circuit City Stores Inc., (
CC: chart), consumer electronics retailer, reported Q4 earnings of 80 cents a share, up from 45 cents per share a year ago on strong sales of flat-panel televisions and fewer price cuts. Earnings from continuing operations amounted to 84 cents a share. The company beat analysts’ expectations for earnings of 77 cents per share.
Media General Inc, (
MEG: chart), newspaper publisher and television station operator, reported that total revenue advanced 3% in March to $74.3 million. The company added that revenue from its publishing operations rose 4.5%, while its broadcast business dropped a 1.7%. Media General’s interactive media operations reported a revenue rise of 37.2% for the month amounting to $2.1 million on growth in demand for online classified ads.
Delia''s Inc, (
DLIA: chart), direct marketing and retail company, reported Q4 net income was 16 cents a share, up vs. 13 cents a share a year earlier. The company added that earnings from continuing operations amounted to 17 cents a share. Sales advanced 11% to $78.4 million on advances in revenue from both the company''s direct and retail businesses.