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YOu too!
GRVY over highs again
PRXI dang..
rOYL began production today
thought i posted that...lol social media
thought u were in it KUTV nice setup..
royl moving on news
KUTV just broke highs
HEAT MAP pretty cool..http://gasbuddy.com/gb_gastemperaturemap.aspx
SLMU unreal..unless one concentrates on subs almost impossible to get these fast movers
VRNM wow ..
GV broke 3 yr highs wow
EDGR up a lill more
DYN little pops today
lilttle pops tho
DYN keeps sinking could go bk
EDGR doing ok lol
BORK .58x.59 you know this will pop again..just when..lol
Impossible to tell anyway..it is at bottom with really no clear support..but figured since r/s worth to see if it gets played
LJPCD .04 who knows..d means they did a rs..could move fast if volume comes in
SCEI monster
GV dang had news and pop
CPVD geesh
LJPC now has D was this once a naz? pharmacy one..
Here is another one to miss UHLN
lol ..man..
grvy gone nuts again
KUTV china ..berry nice
looks good
yep magician brings vol on lion..he is on it
looks great
yAH.. not in ..high float too low volume
gale hit 1.44
POTG?
Had good numbers
SCEI still
CBRX maybe .70
RENN up pre
Renren Inc. Announces the First SNS Application in Microsoft Windows 8 Store
logo unavailable
BEIJING, March 2, 2012 /PRNewswire-Asia/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), China's leading real-name social networking internet platform, today announced the release of its customized high-definition client application ("Renren HD") for Microsoft's Windows 8 application store. Released at the Windows 8 Consumer Preview Conference held recently during the Mobile World Congress 2012 in Barcelona, Spain, Renren HD is the first social networking application selected by Microsoft.
Renren HD is designed to be fully-integrated with Windows 8, a generational change on Microsoft's flagship operating system. Through "share contract", a range of content from different applications can be shared at a single click, including web pages, pictures and videos. Customized for Windows 8, which focuses on integration with social networks and optimized for tablet usage, Renren HD has adopted features such as tiled Metro-style user interfaces and creative content delivery, resulting in a significantly enhanced user experience.
"We are very proud to be selected as the first SNS partner for Microsoft's new Windows store," said Joseph Chen, CEO of Renren. "Renren shares the vision of Windows 8 in its aspiration to revolutionize how content is delivered and shared between the next generation of digital devices. Renren HD was designed with the same philosophy."
About Renren Inc.
Renren Inc. (NYSE: RENN) operates the leading real name social networking internet platform in China. It enables users to connect and communicate with each other, share information and user generated content, play online games, listen to music, shop for deals and enjoy a wide range of other features and services. Renren's platform includes the main social networking website Renren.com, the online games center game.Renren.com, the social commerce website Nuomi.com, and the video-sharing website 56.com. Renren had approximately 137 million activated users as of September 30, 2011.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business and
EDGR had good numbers (COMTEX) B: EDGAR Online Reports 2011 Revenue Growth of 43 Percent Over 20
10 ( PR Newswire )
B: EDGAR Online Reports 2011 Revenue Growth of 43 Percent Over 2010 ( PR Newswir
e )
ROCKVILLE, Md., March 2, 2012 /PRNewswire via COMTEX/ --
EDGAR® Online, Inc. (NASDAQ: EDGR), a premier provider of fundamental
financial data, analytics and disclosure management services, today announced
unaudited financial results for the fourth quarter of 2011 and the full year
ended December 31, 2011.
Highlights include:
XBRL filings revenues for the year increased 96 percent from 2010 to $12.5
million
2011 revenues of $27.8 million, an increase of 43 percent over 2010
Data and Solutions business returned to growth in Q4 2011
Total revenues were $7.6 million for the quarter ended December 31, 2011
compared to $4.9 million for the quarter ended December 31, 2010, and
adjusted EBITDA was $0.8 million for the quarter ended December 31, 2011
compared to a net loss of ($1.3 million) for the quarter ended December 31,
2010. Total revenues were $27.8 million for the year ended December 31, 2011
compared to $19.5 million for 2010, and adjusted EBITDA was ($3.6 million)
for the year ended December 31, 2011 compared to ($1.9 million) for 2010.
XBRL filings revenues were $3.7 million for the quarter ended December 31,
2011, a 107 percent increase from the same quarter last year. XBRL filings
revenues were $12.5 million for the year ended December 31, 2011, a 96
percent increase from 2010. Software revenues were $0.8 million and $2.6
million respectively for the quarter and year ended December 31, 2011. There
were no software revenues in 2010. Data and Solutions revenues were $2.0
million for the quarter ended December 31, 2011, a 5 percent increase from
2010. For the year ended December 31, 2011 Data and Solutions revenues were
$7.6 million, in line with the 2010 amount. Subscriptions revenues were $1.2
million for the quarter ended December 31, 2011, a 6 percent decrease from
2010. For the year ended December 31, 2011 Subscriptions revenues were $5.0
million, a 9 percent decrease from 2010.
"I am pleased to report that EDGAR Online experienced tremendous growth in
2011," said Robert J. Farrell, EDGAR Online's president and CEO. "In addition
to generating record revenues for the year, we implemented the infrastructure
and added the human talent necessary to support future growth and product
evolution. The value propositions embodied in our data & analytics products,
disclosure management solutions, and software businesses position EDGAR
Online to expand and gain market share. In 2012 we will leverage our industry
recognized expertise in XBRL and disclosure management to deliver innovative
solutions to professionals who both produce and consume financial
information, with a particular focus on the areas of governance, risk and
compliance."
Operating loss was ($0.6 million) for the quarter ended December 31, 2011
compared to ($3.1 million) for the same quarter last year. Operating loss was
($9.6 million) for the year ended December 31, 2011 compared to ($6.9
million) for the year ended December 31, 2010.
Deferred revenue was $4.0 million at December 31, 2011 compared to $4.5
million at December 31, 2010. Deferred revenue represents amounts billed to
customers that will be recognized as revenue in future quarters as the
company's solutions are utilized. During the quarter ended December 31, 2011,
the company capitalized $0.2 million of costs for the development of internal
software related to the XBRL filings business, which are included in property
and equipment.
At December 31, 2011, cash, cash equivalents and short-term investments
totaled $5.6 million compared to $11 million at December 31, 2010. At
December 31, 2011, the company had term loan outstanding of $1.7 million and
a $3.0 million revolving credit facility, none of which had been drawn down.
KEY FINANCIAL METRICS :
(in thousands, except per share amounts)
Three Months Ended Year
Ended
December 31,
December 31,
Unaudited Unaudited
Unaudited Unaudited
2010 2011 2010
2011
----------- -----------
------------ ------------
Revenues
XBRL filings $ 1,762 $ 3,656 $
6,404 $ 12,527
Software 0 806 0
2,650
Data and solutions 1,880 1,971
7,583 7,613
Subscriptions 1,282 1,209
5,481 4,979
Total Revenues $ 4,924 $ 7,642 $
19,468 $ 27,769
Net income (loss) $ (3,185) $ (566) $
(7,229) $ (9,767)
Interest expense, net 61 7
282 161
Operating income (loss) (3,124) (559)
(6,947) (9,606)
Severance costs -- 116
438 518
Stock compensation 1,080 609
1,744 3,335
Amortization/depreciation, net of Cap Costs 724 644
2,913 2,194
Adjusted EBITDA $ (1,320) $ 810 $
(1,852) $ (3,559)
Net income (loss) per share $ (0.12) $ (0.02) $
(0.27) $ (0.33)
Adjusted EBITDA per share $ (0.05) $ 0.03 $
(0.07) $ (0.12)
In addition to disclosing financial results prepared in accordance with
GAAP, the company discloses information regarding adjusted EBITDA. EBITDA is
a non-GAAP financial measure defined as earnings before interest, taxes,
depreciation and amortization. As the company defines it, adjusted EBITDA
also excludes severance costs and the non-cash charge for stock compensation
expense. As required by the SEC, the company provides the above
reconciliation to net income (loss), which is the most directly comparable
GAAP financial measure. The company presents adjusted EBITDA as it is a
common alternative measure of performance that is used by management as well
as investors when analyzing the financial position and operating performance
of the company by excluding certain non-cash expenses, such as stock
compensation expense, as well as non-operating items that are not indicative
of its core operating results. Furthermore, this non-GAAP financial measure
is one of the primary indicators management uses for planning and forecasting
future periods. Since adjusted EBITDA is a non-GAAP financial measure, it
should not be considered in isolation or as a substitute for net income
(loss) or any other GAAP measure. Because not all companies calculate
adjusted EBITDA in the same manner, the company's definition of adjusted
EBITDA might not be consistent with that of other companies.
Business Outlook
Based upon existing customer contacts for XBRL filings services and
improving prospects for our data and solutions and subscriptions businesses,
EDGAR Online is targeting annual revenue growth in excess of 35 percent in
2012 over 2011.
EDGAR Online will hold its quarterly conference call to review results for
the quarter ended December 31, 2011 today, Friday, March 2, 2012, at 8:00
a.m. EST. Robert Farrell, president and CEO, and David Price, CFO and COO,
will host the call. To participate, please call (877) 407-9205 (toll-free for
domestic callers), or (201) 689-8054 (international callers). The call will
also be broadcast simultaneously over the Internet at:
http://www.edgar-online.com/investor/. The teleconference replay will be
available for approximately one week beginning at 7:00 p.m. EST on March 2,
2012 through May 1, 2012 by calling (877) 660-6853 (domestic) or (201)
612-7415 (international). The account number is 286 and the conference ID is
388849.
About EDGAR Online
EDGAR® Online (NASDAQ: EDGR) provides financial data, analytics and
disclosure management solutions to help corporations and institutional
investors facilitate compliance and management of regulatory disclosure
filings. In addition to developing a variety of unique as-reported and
normalized data sets, EDGAR Online is an industry leader in XBRL (eXtensible
Business Reporting Language) processing. Thousands use the company's
solutions, including U.S. public companies, mutual funds, leading financial
analysts and institutional investors, as well as global regulators such as
the FDIC, Banque de France and the U.S. Securities and Exchange Commission.
The company delivers its solutions, including UBmatrix® XBRL software
solutions, through an extensive network of partners, including Business Wire,
LexisNexis®, NASDAQ OMX, Oracle, PR Newswire, RR Donnelley and SAP.
This press release may contain forward-looking statements. These statements
relate to future events or to future financial performance and may include,
without limitation, statements regarding our future growth prospects, future
demand for our XBRL products/services and future innovations in our data and
solutions and subscriptions businesses. These forward-looking statements
involve known and unknown risks, uncertainties and other factors that may
cause our actual results, levels of activity, performance, or achievements to
be materially different from any future results, levels of activity,
performance, or achievements expressed or implied by these forward-looking
statements. In some cases, you can identify forward-looking statements by the
use of words such as "may," "could," "expect," "intend," "plan," "seek,"
"anticipate," "believe," "estimate," "predict," "potential," or "continue" or
the negative of these terms or other comparable terminology. You should not
place undue reliance on forward-looking statements because they involve known
and unknown risks, uncertainties and other factors that are, in some cases,
beyond our control and that could materially affect actual results, levels of
activity, performance, or our growth strategy. For further information about
the factors that could affect EDGAR Online's future results, please refer to
our filings with the Securities and Exchange Commission. We assume no
obligation to publicly update or revise these forward-looking statements for
any reason, whether as a result of new information, future events, or
otherwise.
EDGAR® is a federally registered trademark of the U.S. Securities and
Exchange Commission. EDGAR Online is not affiliated with or approved by the
U.S. Securities and Exchange Commission.
FINANCIAL TABLES FOLLOW
EDGAR Online, Inc.
Condensed Consolidated Statements of Operations
(in thousands, except per share amounts)
Three Months Ended
Year Ended
December 31,
December 31,
(unaudited)
(unaudited)
2010 2011
2010 2011
----------- ----------
---------- ----------
Revenues:
XBRL filings $ 1,762 $ 3,656
$ 6,404 $ 12,527
Software 0 806
0 2,650
Data and solutions 1,880 1,971
7,583 7,613
Subscriptions 1,282 1,209
5,481 4,979
Total revenues 4,924 7,642
19,468 27,769
Total cost of sales 2,121 3,489
7,827 12,786
Gross profit 2,803 4,153
11,641 14,983
Sales and marketing 750 492
2,713 3,059
Product development 581 891
1,852 4,892
General and administrative 3,872 2,352
10,672 12,801
Severance costs -- 177
438 518
Amortization and depreciation 724 800
2,913 3,319
Total operating expenses 5,927 4,712
18,588 24,589
Operating loss (3,124) (559)
(6,947) (9,606)
Interest expense, net (61) (7)
(282) (161)
Net loss $ (3,185) $ (566)
$ (7,229) $ (9,767)
Weighted average shares outstanding - basic 27,110 30,496
26,974 30,044
Weighted average shares outstanding - diluted 27,110 30,496
26,974 30,044
Net income (loss) per share - basic and diluted $ (0.12) $ (0.02)
$ (0.27) $ (0.33)
EDGAR Online, Inc.
Condensed Consolidated Balance Sheets
(in thousands)
December 31,
December 31,
2010*
2011
--------------
--------------
(unaudited)
Assets
Cash, cash equivalents and short-term investments $ 10,991
$ 5,647
Accounts receivable, net 3,988
4,823
Other assets 218
490
Total current assets 15,197
10,960
Property and equipment, net 3,863
3,712
Goodwill 7,665
7,328
Intangible assets, net 3,066
2,338
Other assets 458
418
Total assets $ 30,249
$ 24,756
Liabilities and Stockholders' Equity
Accounts payable and accrued expenses $ 3,879
$ 4,798
Deferred revenues 4,468
4,005
Current portion of long-term debt 1,437
667
Total current liabilities 9,784
9,470
Long-term debt --
1,166
Other long-term liabilities 233
320
Total liabilities 10,017
10,956
Preferred Stock 19,431 22,505
Stockholders' equity:
Common stock 294
355
Treasury stock (1,679)
(606)
Additional paid-in capital 78,201
77,329
Accumulated deficit (76,015)
(85,782)
Total stockholders' equity 801
(8,704)
Total liabilities and stockholders' equity $ 30,249
$ 24,756
* Derived from the company's audited December 31, 2010 financial statements.
SOURCE EDGAR Online, Inc.
Copyright (C) 2012 PR Newswire. All rights reserved
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