RENT » Topics » Fiscal 2009 Full Year Financial Results

This excerpt taken from the RENT 8-K filed Jun 10, 2009.

Fiscal 2009 Full Year Financial Results

Consolidated revenues increased to $95.0 million for fiscal 2009 from $93.2 million for fiscal 2008. AMI division revenues rose approximately 22 percent to $12.6 million from $10.4 million for fiscal 2008, demonstrating continued growth of the company’s Essentials suite of services. Revenues in the company’s PPT division were $82.3 million, closely approximating $82.8 million for the last fiscal year, reflecting stabilization in the company’s legacy business.

 

Operating income for fiscal 2009 was $5.2 million, compared with $5.6 million in fiscal 2008. Net income increased to $5.4 million, or $0.49 per diluted share, for fiscal 2009 from $4.6 million, or $0.41 per diluted share, last year. Adjusted EBITDA was $7.5 million for fiscal 2009, compared with $8.2 million for fiscal 2008.

 

The company generated $8.0 million in cash from operating activities in fiscal 2009, compared with $3.1 million in fiscal 2008.

 

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki