DALLAS, March 30, 2010 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring Servidyne Inc. (Nasdaq:SERV). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: http://www.stockpreacher.com/n/SERV
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Servidyne Inc. (SERV) provides energy efficiency products and services to owners and operators of existing buildings, and engages in commercial real estate investment and development. The Company operates through two segments: Building Performance Efficiency (BPE) and Real Estate. In June 2008, Atlantic Lighting & Supply Co. LLC, a wholly owned subsidiary of the Company, acquired Atlantic Lighting & Supply Co. Inc.
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In the report, the analyst notes:
"SERV reported net earnings for the third quarter ended January 31, 2010, of $119,982, or $.03 per share, compared to a net loss of ($491,362), or ($.13) per share, for the same period last year. Consolidated revenues for the third quarter were $4.84 million, compared to $4.06 million a year ago, an increase of approximately 19%.
"SERV recently reported that it has entered into a contract with a major U.S. retailer to dramatically improve the energy efficiency of approximately 600 of its stores and distribution centers. The agreement has an estimated total revenue value of $8.7 million for project work that should begin almost immediately and be completed over the next 12-24 months. Both companies expect their new strategic partnership will continue beyond the term of this initial agreement for an additional two to three years, in a comprehensive effort by the customer to expand this energy efficiency program to all of its existing stores, as well as its new locations and its franchisees. Terms of any such future work have not been negotiated."
To read the entire report visit: http://www.stockpreacher.com/n/SERV
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