Investors Hub Daily
iHub My Stocks Activity
Ticker Buzz Cloud
Most Followed Members
Hot on StockWiki
My Image Gallery
Mktg, Inc. (CMKG)
CMKG.. $0.93 I continue to add..
Post New Msg
Friday, July 29, 2011 11:12:00 AM
CMKG.. $0.93 I continue to add..
07/29/11 10:38 AM EDT Buy 1500 CMKG Executed @ $0.88 Details | Edit
07/29/11 10:37 AM EDT Buy 2500 CMKG Executed @ $0.88 Details | Edit
07/26/11 3:42 PM EDT Buy 2500 CMKG Executed @ $0.81 Details | Edit
07/26/11 3:41 PM EDT Buy 2500 CMKG Executed @ $0.81 Details | Edit
07/26/11 3:14 PM EDT Buy 388 CMKG Executed @ $0.81 Details | Edit
07/26/11 3:14 PM EDT Buy 1000 CMKG Executed @ $0.81 Details | Edit
07/26/11 3:12 PM EDT Buy 2500 CMKG Executed @ $0.81 Details | Edit
07/21/11 Bought 2,888 of CMKG @ $0.7628 (Order #16324) -2,207.96
07/20/11 Bought 2,000 of CMKG @ $0.7628 (Order #16283) -1,530.59
07/15/11 Bought 6,888 of CMKG @ $0.75 (Order #5258) -5,170.99
MKTG INC Reports 56% Increase in Operating Income for Its First Quarter of Fiscal Year 2012 Ended June 30, 2011 Compared to Same Period of Its Prior Fiscal Year
PR Newswire - Jul 29 09:13 EDT
Alert hits:pos all
Company Symbols: Berlin:IMK, NASDAQ-OTCBB:CMKG
NEW YORK, July 29, 2011 /PRNewswire/ -- MKTG INC (OTC BB: CMKG), a full service marketing agency, today announced its operating results for its first quarter ended June 30, 2011.
Operating Results - First Quarter, Fiscal 2012
For its first quarter ended June 30, 2011, Operating Revenue increased 14% to $9.3 million, compared to $8.2 million for the quarter ended June 30, 2010. Compensation and general and administrative expenses were $8.3 million for the quarter, an increase of $787,000 compared to the same period of the previous year. Operating income for the quarter increased 56% to $1,074,000, compared to $690,000 for the first quarter of the previous year. Modified EBITDA for the quarter was $1,418,000, compared to $1,056,000 for the quarter ended June 30, 2011.
"The percentage growth in Operating Revenue continues to exceed the percentage growth in compensation and general and administrative expenses, resulting in an improvement in our first quarter operating income as compared to last year's first quarter," said Paul Trager, Chief Financial Officer. Mr. Trager continued, "In addition, working capital increased $1.1 million as compared to March 31, 2011. The continued profitability and margin stability have contributed to an improved balance sheet."
"Our First Quarter has been strong and has set the stage for continued growth for MKTG, Inc. for Fiscal 2012," said Charlie Horsey, President and Chief Executive Officer. Mr. Horsey concluded, "Management is continuing to pursue both new and organic growth opportunities and believes that FY12 will reflect an increase in Year over Year Operating Revenue for the Company."
Operating Revenue and Modified EBITDA
The Company believes Operating Revenue and Modified EBITDA are key performance indicators. The Company defines Operating Revenue as sales less reimbursable program costs and expenses, and outside production and other program expenses. Operating Revenue is the net amount derived from sales to customers that management believes is available to fund compensation, general and administrative expenses, and capital expenditures. The Company defines Modified EBITDA as income before interest, income taxes, depreciation and amortization plus other non-cash expenses. The Company uses Modified EBITDA as a supplemental measure to evaluate operational performance. Operating Revenue and Modified EBITDA are Non-GAAP financial measures disclosed by management to provide additional information to investors in order to provide them with alternative methods for assessing the Company's financial condition and operating results. These measures are not in accordance with, or a substitute for, GAAP and may be different from or inconsistent with Non-GAAP financial measures used by other companies. Reconciliations of Operating Revenues to sales and Modified EBITDA to operating income are provided at the end of this press release.
About MKTG INC
MKTG INC is a full service marketing agency headquartered in New York with full service offices in San Francisco, Los Angeles, Chicago and Cincinnati. The Company currently serves a variety of the world's most recognizable brands. Its services include experiential marketing, digital marketing, retail promotions and strategic research and planning. The firm's programs help its clients profitably connect with consumers and create networks of brand advocates to generate brand awareness and higher sales for its customers. For more information, please visit www.mktg.com.
This press release includes statements which constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release are not promises or guarantees and are subject to risks and uncertainties that could cause our actual results to differ materially from those anticipated. These statements are based on management's current expectations and assumptions and are naturally subject to uncertainty and changes in circumstances. We caution you not to place undue reliance upon any such forward-looking statements. Actual results may vary materially from those expressed or implied by the statements herein. Factors that could cause actual results to differ materially from the Company's expectations are set forth in the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2011 under "Risk Factors," and include the risk that projected business opportunities will fail to materialize or will be delayed. The Form 10-K may be obtained by visiting the Company's website or by accessing the database maintained by the Securities and Exchange Commission at
My list of stocks 3/31/11
Mktg, Inc. (CMKG) Stock Trading Info:
Post New Msg
Report TOS Violation
+/- to Watchlist
© 2013 InvestorsHub.Com, Inc.
Terms of Service
Advertise With Us
Stock Market 101
Investor Help Forum
iHub on Facebook
iHub on Twitter
iHub iPhone/iPad App
iHub Android App