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that would be nice!
Could be them buying back shares like they mentioned in the last quarterly transcript
MACHD back green here, Williams % and stochastics looking positive, key resistance at the 40MA of about 7.29 (and the top bollie is there too), CMF heading back toward green, RSI looking better!
could be time for USMO!
i saw, its too bad........unless of course you are grabbing up some goodies!
you were right and we set a new 52 week low yesterday..
monday is a new day, and i dont see anything saying we wont see sideways or red on monday....atleast on t/a
I was sitting there waiting and no luck at $6.69..SOOO CLOSE..lol
def a good sign, and yes its looking well oversold. its almost down to last support of 6.69, if that breaks im not sure where it will head
stochastics look like they are starting to turn up, ideally would like to get above 50 and the williams is buried so that needs to turn back around a bit too.
The Company generated $96.3 million in cash during the year from operating and investing activities and had a cash balance of $64.5 million at December 31, 2007.
During the year the Company distributed to stockholders quarterly cash distributions of $0.65 per share of common stock plus a special distribution of $1.00 per share in the second quarter. Combined, the cash distributions represented a return of capital to stockholders of $98.3 million.
The number of full-time equivalent employees declined from 1,235 at the beginning of the year to 1,003 at year end as a result of ongoing consolidation and expense control initiatives.
It is sure looking oversold...The company mentioned a "possible share buyback" in the transcript..They may have been waiting for these levels to start..One thing I did notice in the SEC filings is they were all issued stock through options and DID NOT sell them into the market..Good sign IMO!
got some charts up for us starting with the 15min chart.
most indicators showing more red on the way. is there some expected news in the works? im going to check fundamentals now....
Where do you think we should look at an entry at this point? TIA!
dont worry man, u will get yours! its not quite ready yet IMO
soon very soon!
To funny bro..I was bid sitting at $6.69 all day and they only came down to $6.71..
financials.........
Income Statement Get Income Statement for:
View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 31-Dec-07 30-Sep-07 30-Jun-07 31-Mar-07
Total Revenue 100,188 105,424 107,470 111,542
Cost of Revenue 38,398 39,181 40,864 39,720
Gross Profit 61,790 66,243 66,606 71,822
Operating Expenses
Research Development - - - -
Selling General and Administrative 32,036 33,497 33,272 36,690
Non Recurring 5,235 1,177 - 17
Others 10,872 12,048 12,450 13,318
Total Operating Expenses - - - -
Operating Income or Loss 13,647 19,521 20,884 21,797
Income from Continuing Operations
Total Other Income/Expenses Net 1,524 1,894 1,758 435
Earnings Before Interest And Taxes 15,171 21,415 22,642 22,232
Interest Expense 13 - - -
Income Before Tax 15,158 21,415 22,642 22,232
Income Tax Expense 66,654 1,109 9,676 9,206
Minority Interest - - - -
Net Income From Continuing Ops (51,496) 20,306 12,966 13,026
Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -
Net Income (51,496) 20,306 12,966 13,026
Preferred Stock And Other Adjustments - - - -
Net Income Applicable To Common Shares ($51,496) $20,306 $12,966 $13,026
15day CMF hitting green there, lets get the 20day CMF green as well and work on pulling up out of thie sideways trend
very cool, that opens up some nice doors and makes it an easier decision for me to invest if they are seriously considering it.
I am out and about today (posting with my iPhone) but when I get back in this evening or tomorrow I will be doing some of my homeworks here!
I read the transcript from the CC...They did mention that as a possibility..
do they have plans to buyback?
then yes, they could take a good few mil off the table IMO
Common stock outstanding on March 7, 2008: 27,312,408
whats the share structure if you dont mind me asking?
they may be able to remove more in a buyback and still keep yeilds nice
With the yield this high the company in my opinion should cut the dividend in at least half and buy back stock..They could easily remove 5 million shares from the market and still have a great yield...
ok ok! lol, ill wait to tell ppl!
SHHHHHHHH!!!!!!!!!! Don't be running around letting people know about this just yet..Still accumulating!
will do, im going to read up on them this long weekend for sure
LOL, i may be able to help out....
i def gotta do some DD on it, but i can post charts nice and easy
You should read the transcript from the conference..They stand firm on returning shareholder value..That is pretty obvious with their track record already
I think I need an assistant mod to do that...Intrested?
Director buys shares... http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=5802636&Type=HTML
USA Mobility Reports Fourth Quarter and 2007 Operating Results
Subscriber and Revenue Trends Improve, Expenses Decline;
Core Market Segments Show Continued Progress;
$98.3 Million in Capital Returned to Stockholders
USA Mobility, Inc. (Nasdaq: USMO), a leading provider of wireless messaging and communications services, today announced operating results for the fourth quarter and year ended December 31, 2007.
Total revenue for the fourth quarter was $100.2 million, compared to $105.4 million in the third quarter of 2007 and $116.0 million in the fourth quarter of 2006. EBITDA (earnings before interest, taxes, depreciation, amortization and accretion) for the fourth quarter of 2007 was $24.5 million, or 24.5 percent of revenue, and operating income was $13.6 million. Total revenue for 2007 was $424.6 million, compared to $497.7 million in 2006. EBITDA for 2007 was $124.5 million, or 29.3 percent of revenue, while operating income was $75.8 million.
The Company reported a net loss of $46.7 million, or $1.70 per fully diluted share, for the fourth quarter, compared to net income of $8.3 million, or $0.30 per fully diluted share, in the fourth quarter of 2006. The loss primarily resulted from a $54.3 million income tax expense in the fourth quarter due to a reduction in the carrying value of deferred income tax assets. Absent the incremental income tax expense, net income for the fourth quarter would have been $7.6 million, or $0.28 per fully diluted share. The higher income tax expense resulted in a net loss for the year of $5.2 million, or $0.19 per fully diluted share, from $40.2 million, or $1.46 per fully diluted share, in 2006. Third quarter net income has been adjusted to reflect a change in income tax expense due to the lapse of the statute of limitations on the 2003 income tax liabilities.
Key results for the fourth quarter and 2007 included:
Quarterly net unit losses slowed to 135,000 in the fourth quarter from 193,000 in the first quarter, while the quarterly rate of unit erosion improved to 3.7 percent in the fourth quarter from 4.7 percent in the first quarter. The annual rate of unit erosion declined to 15.1 percent in 2007 from 16.0 percent in 2006. Net unit losses were 620,000 in 2007 versus 781,000 in 2006. Total units in service at year-end 2007 were 3,485,000, compared to 4,105,000 a year earlier.
The quarterly rate of revenue erosion increased to 5.0 percent in the fourth quarter from 3.9 percent in the first quarter. However, the year-over-year rate of revenue decline improved from 19.5 percent in 2006 to 14.7 percent in 2007, the Company’s slowest rate of revenue decline in years.
Operating expenses, excluding depreciation, amortization and accretion, were $75.7 million for the fourth quarter, a reduction of $9.5 million, or 11.2 percent, from $85.2 million in the year-earlier quarter. For the full year, operating expenses declined by $57.2 million, or 16.0 percent, to $300.1 million from $357.3 million in 2006. Expense reduction during the year was largely due to network rationalization, staff reductions and company-wide cost efficiencies.
Average revenue per unit (ARPU) was $8.62 for the fourth quarter, an increase from $8.57 in the fourth quarter of 2006. For the year, ARPU totaled $8.55, compared to $8.60 in 2006. ARPU levels remained stable during 2007 due principally to structural pricing changes and a reduction in the rate of billing and service credits.
EBITDA as a percentage of revenue, or EBITDA margin, was 24.5 percent in the fourth quarter, compared to 26.6 percent the year-earlier quarter.
Capital expenses totaled $18.3 million in 2007, compared to $21.0 million in 2006.
The Company generated $96.3 million in cash during the year from operating and investing activities and had a cash balance of $64.5 million at December 31, 2007.
During the year the Company distributed to stockholders quarterly cash distributions of $0.65 per share of common stock plus a special distribution of $1.00 per share in the second quarter. Combined, the cash distributions represented a return of capital to stockholders of $98.3 million.
The number of full-time equivalent employees declined from 1,235 at the beginning of the year to 1,003 at year end as a result of ongoing consolidation and expense control initiatives.
“We made excellent progress in the fourth quarter and during 2007,” said Vincent D. Kelly, president and chief executive officer. “We continued to operate the Company profitably while meeting our primary operating goals, reducing costs, increasing organizational efficiencies and expanding product offerings to our core market subscribers throughout the country. Despite ongoing competitive challenges, subscriber and revenue trends continued to improve, prices remained stable and we generated a sufficient level of cash flow to return capital to stockholders in the form of cash distributions.”
Kelly said the Company continued to concentrate its sales and marketing efforts during the year around its core market segments of Healthcare, Government and Large Enterprise. “At year end, our core market segments represented 77.6 percent of our direct subscriber base, compared with 67.7 percent at December 31, 2006, with Healthcare alone representing 42.1 percent. In addition, these core market segments made up approximately 68.1 percent of our direct paging revenue in 2007, compared to 57.2 percent in 2006. During the year,” he added, “we announced several new products and services designed to support our core customers. They included the nation’s first wide area coaster pager, called ReadyCall, to help hospital administrators ease congestion in patient waiting areas, an alliance with WeatherBug Professional to provide severe weather alerts to first responder organizations, and a customized paging solution, called PageSync, which gives customers using BlackBerry® smartphones paging reliability and multiple features in a single device. Going forward,” Kelly said, “we look to broaden our presence and create new sales and service opportunities in these core market segments.”
Consistent with its stated strategy, Kelly said USA Mobility generated sufficient cash flow in 2007 to again return capital to stockholders. The Company paid quarterly cash distributions of $0.65 per share and a special distribution of $1.00 per share in the second quarter, returning a total of $98.3 million in capital to stockholders during the year. “In addition,” Kelly noted, “our Board of Directors on February 13, 2008, declared a $0.65 per share quarterly cash distribution for stockholders of record as of February 25th, payable on March 13th. Similar to previous distributions, we expect the entire amount of the March 13th cash distribution to be paid as a return of capital.”
Kelly cautioned investors, however, that the rate at which the Company will continue to return capital to stockholders would depend largely on future operating results as well as various other business factors. “Additionally, in light of the deterioration in our stock price over the last nine months, as well as increased flexibility we have under Section 382, the Board of Directors is evaluating our strategy for returning capital to stockholders which may include periodic recurring cash distributions, special cash distributions, a stock repurchase program or a combination of these alternatives.”
He also pointed out that a regulatory decision made during 2007 eventually could have a significant impact on the Company’s network cost structure and capital allocation strategy. “Last October the Federal Communications Commission (FCC) issued an Order on Reconsideration (Back-Up Power Order) requiring large commercial mobile radio service (CMRS) providers, including USA Mobility, to have at least eight hours of back-up power at each transmission site to minimize communications outages during emergencies. We do not believe the Back-Up Power Order should apply to paging carriers for a variety of reasons, including the unique simulcast and high-power network architecture of paging. Accordingly, along with numerous other wireless providers and trade associations, we appealed the Back-Up Power Order in January to the DC Circuit Court of Appeals. We expect the appeal to be heard around mid-year.”
Thomas L. Schilling, chief operating officer and chief financial officer, said: “We continued to strengthen our financial position in 2007, principally through ongoing cost reduction initiatives including our network rationalization program and efforts to ‘right size’ our organization as demand for paging products remained slow. While subscriber disconnect rates were higher than forecast, however, we continued to generate strong cash flow during the year and are pleased with our overall financial results.”
Schilling said the improvement in the rate of annual revenue erosion to 14.7 percent from 19.5 percent resulted in part from structural price increases in 2007 in selected distribution channels and improvements in the rate of service credits. “Total paging ARPU increased to $8.62 in the fourth quarter from $8.57 in the fourth quarter of 2006,” he noted, “while indirect ARPU increased to $5.06 from $4.92 in the year-earlier quarter and was our highest level of indirect ARPU in several years.” Schilling cautioned, however, that ARPU would likely trend downward going forward since further price increases were unlikely in the near term.
Commenting on the reduction of deferred income tax assets (DTAs) in the fourth quarter, Schilling explained: “Accounting rules require us to evaluate whether or not the Company will use all of its DTAs to offset future taxable income. As a result, based on current trends for subscribers, revenue, operating expenses and capital expenses – which, of course, are subject to change – we projected future levels of taxable income that mandated a reduction in the carrying value of our DTAs based on our effective tax rate of approximately 38 percent. Going forward, we will continue to evaluate our operating trends and will adjust the carrying value of our DTAs, either up or down, as circumstances warrant.”
Schilling also commented on the Company’s financial guidance. “We are pleased the financial guidance we provided for 2007 was largely on target,” he noted. “Total revenue of $424.6 million was within our guidance range of $420 million to $425 million; operating expenses (excluding depreciation, amortization and accretion) of $300.1 million were slightly above the revised guidance range of $293 million to $298 million; and capital expenses of $18.3 million were within the guidance range of $18 million to $20 million. With respect to guidance for 2008, the Company expects revenue to be in a range from $345 million to $355 million, operating expenses (excluding depreciation, amortization and accretion) to be in a range from $250 million to $255 million, and capital expenses in a range from $18 million to $20 million.”
USA Mobility plans to host a conference call for investors on its fourth quarter and 2007 results at 11:00 a.m. Eastern Time on Thursday, March 6, 2008. The dial-in number for the call is 888-708-5691 (toll-free) or 913-981-5560 (toll). The pass code for the call is 9699744. A replay of the call will be available from 4:00 p.m. ET on March 6 until 11:59 p.m. on Thursday, March 20. The replay number is 888-203-1112 (toll-free) or 719-457-0820 (toll). The pass code for the replay is 9699744.
How much longer will this company last?? Hmmm..Time to do some DIGGING!
USA Mobility Introduces Handheld Version of PageSync(TM) For Users of BlackBerry(R) and Other SMS-Enabled Smartphones
USA Mobility, Inc. (Nasdaq: USMO), a leading provider of wireless messaging and communications services, today announced a handheld version of PageSync, its customized paging solution for customers using BlackBerry® smartphones from Research In Motion (RIM).
In December, USA Mobility announced an enterprise version of PageSync that uses software provided by Onset Technology to integrate (or “synchronize”) devices between RIM’s network infrastructure and USA Mobility’s PageSync service. Unlike the enterprise version, the handheld version can be used on both BlackBerry smartphones as well as other SMS (short message service)-enabled smartphones. The handheld version also allows customers with BlackBerry smartphones the ability to directly download an application from www.usamobility.com to their smartphone. The application on the BlackBerry then enables a pop-up box on the device’s screen that mimics the functionality users get on their pager. USA Mobility will begin offering the PageSync handheld service in March 2008.
Similar to the enterprise version, customers will retain the reliability of paging technology in addition to the benefits of a voice and data smartphone. They would also have access to such key features as special pager alerts, reminder alerts until a page is read, as well as confirmation of message delivery. The PageSync service also allows users to receive pages from multiple sources, identify the source of an incoming page, track message delivery (i.e. dates and times) and send longer messages in alternative formats (e.g. rich-text).
Importantly, PageSync ensures user privacy because customers are not required to give out their BlackBerry/SMS cell phone numbers to contacts since a page will also be received on their BlackBerry/SMS smartphone. In fact, a person sending a page is not even aware that they have sent a message to a user with a BlackBerry/SMS smartphone. In addition, the PageSync service allows users to keep their pager number since incoming pages can be received on their BlackBerry/SMS smartphone as well as their pager. This benefit also allows users to avoid having to distribute a new pager number to their contacts, patients or clientele.
“We are pleased to introduce an enhanced and convenient paging solution for users of BlackBerry and other SMS smartphones,” said Vincent D. Kelly, president and chief executive officer. “The new PageSync service will allow smartphone customers immediate access to the simplicity and reliability of paging in a single multi-functional wireless device.” Kelly added, “We believe PageSync is especially well suited to customers in our core market segments of Healthcare, Government and Large Enterprise, as well as first responder organizations of any kind, many of whom rely heavily on both paging and cellular communications to meet their varied and timely communications requirements.”
About USA Mobility
USA Mobility, Inc., headquartered in Alexandria, Virginia, is a comprehensive provider of reliable and affordable wireless communications solutions to the healthcare, government, large enterprise and emergency response sectors. As a single-source provider, USA Mobility's focus is on the business-to-business marketplace and supplying wireless connectivity solutions to over 70 percent of the Fortune 1000 companies. The Company operates nationwide networks for both one-way paging and advanced two-way messaging services. In addition, USA Mobility offers mobile voice and data services through Sprint Nextel, including BlackBerry smartphones and GPS location applications. The Company's product offerings include customized wireless connectivity systems for the healthcare, government and other campus environments. USA Mobility also offers M2M (machine-to-machine) telemetry solutions for numerous applications that include asset tracking, utility meter reading and other remote device monitoring applications on a national scale. For further information visit www.usamobility.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act: Statements contained herein or in prior press releases which are not historical fact, such as statements regarding USA Mobility’s future operating and financial performance, are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that may cause USA Mobility’s actual results to be materially different from the future results expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expectations include, but are not limited to, declining demand for paging products and services, the ability to continue to reduce operating expenses, future capital needs, competitive pricing pressures, competition from both traditional paging services and other wireless communications services, government regulation, reliance upon third-party providers for certain equipment and services, as well as other risks described from time to time in periodic reports and registration statements filed with the Securities and Exchange Commission. Although USA Mobility believes the expectations reflected in the forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. USA Mobility disclaims any intent or obligation to update any forward-looking statements.
BlackBerry® is a registered trademark of Research In Motion Ltd.
For USA Mobility, Inc.
Bob Lougee, 703-721-3080
bob.lougee@usamobility.com
Source: Business Wire (February 21, 2008 - 4:04 PM EST)
News by QuoteMedia
www.quotemedia.com
USA Mobility Declares Quarterly Cash Distribution
USA Mobility, Inc. (Nasdaq: USMO), a leading provider of wireless messaging and communications services, today announced that its Board of Directors has declared a regular quarterly cash distribution of $0.65 per share of common stock. The distribution will be paid on March 13, 2008 to stockholders of record on February 25, 2008. The Company expects the entire amount of the distribution to be paid as a return of capital.
The number one company in it's market -- a steal at today's pps -- IMHO --
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