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Looking good today so far. Still way undervalued here
15% short here. Gonna get squeezed today!
MCLEAN, Va., May 1, 2014 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the first quarter of 2014 and affirmed its full-year 2014 and long-range outlook. Net income was $16.5 million, or $0.19 per diluted share, for the first quarter of 2014, as compared to $14.9 million, or $0.17 per diluted share, for the first quarter of 2013. Operational EBITDA ("OEBITDA")(1) for the first quarter was $51.6 million, as compared to $46.8 million for the prior-year period, representing a year-over-year increase of 10 percent and an OEBITDA margin(1) of 53 percent. OEBITDA grew largely due to higher service revenue.
Iridium reported first-quarter total revenue of $98.0 million, which consisted of $73.4 million of service revenue and $24.6 million of equipment, engineering and support revenue. Total revenue increased 10 percent versus the comparable period of 2013, while service revenue grew 7 percent from the year-ago period. Service revenue, which represents primarily recurring revenue from Iridium's growing subscriber base, was 75 percent of total revenue for the first quarter of 2014.
The Company ended the quarter with 674,000 total billable subscribers, which compares to 621,000 for the year-ago period and is up from 664,000 for the quarter ended December 31, 2013. Total billable subscribers grew 9 percent year-over-year, driven by strength in machine-to-machine ("M2M") and commercial voice customers.
"We affirmed our 2014 and long-range outlook across the board today, and also reported our best all-around quarter in nearly two years," said Matt Desch, CEO, Iridium. "Total service revenue grew 7 percent year-over-year with contributions from many of our key sectors, while our equipment business regained its footing, posting a 16 percent revenue gain on higher overall unit sales. We're encouraged by our solid start to 2014, and are poised to build on this momentum with exciting new products like Iridium GO!TM, by capitalizing on opportunities in our maritime business, and further penetrating the heavy equipment OEM segment in the M2M market."
Haha good ole AAPT. Emailed in from presidents desk
ALL AMERICAN PET COMPANY’S NUTRABARS TO BE FOUND ON SHELF IN LEADING C-STORE CHAIN
LOS ANGELES, CA--(Marketwired – May 31, 2014) - All American Pet Company, Inc. (OTCQB: AAPT) -- The All American Pet Company’s marketing strategy to permeate the nation’s 150,000 convenience stores with its super convenient all natural high protein NutraBars for dogs is being implemented by one of the largest distribution companies to the states’ #2 convenience store chain.
An “oasis for last minute shoppers” convenience stores, truck stops and mini-marts are frequented more often than grocery or drug stores and as half of that daily customer traffic owns a dog, C-Stores assure that NutraBars will be available anytime – and in a short while – everywhere.
All American Pet Company produces, markets, and sells all natural dog food and treat products under proprietary brand names. This news announcement contains or may contain certain "forward-looking statements" that are subject to significant risks and uncertainties. We assume no obligation or undertaking to update any forward-looking statements to reflect any changes in expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
Contact:
All American Pet Company, Inc.
www.allamericanpetcompany.com
Corporate Office: 310-689-7355
Investor Relations: 310-433-0299
ALL AMERICAN PET COMPANY’S NUTRABARS TO BE FOUND ON SHELF IN LEADING C-STORE CHAIN
LOS ANGELES, CA--(Marketwired – May 31, 2014) - All American Pet Company, Inc. (OTCQB: AAPT) -- The All American Pet Company’s marketing strategy to permeate the nation’s 150,000 convenience stores with its super convenient all natural high protein NutraBars for dogs is being implemented by one of the largest distribution companies to the states’ #2 convenience store chain.
An “oasis for last minute shoppers” convenience stores, truck stops and mini-marts are frequented more often than grocery or drug stores and as half of that daily customer traffic owns a dog, C-Stores assure that NutraBars will be available anytime – and in a short while – everywhere.
All American Pet Company produces, markets, and sells all natural dog food and treat products under proprietary brand names. This news announcement contains or may contain certain "forward-looking statements" that are subject to significant risks and uncertainties. We assume no obligation or undertaking to update any forward-looking statements to reflect any changes in expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
Contact:
All American Pet Company, Inc.
www.allamericanpetcompany.com
Corporate Office: 310-689-7355
Investor Relations: 310-433-0299
Fool.com listing book value as $12.26
S&P Capital IQ has tangible book value at $10.37 with a fair value calculation at $9.90 (undervalued).
NEWS
http://www.bizjournals.com/phoenix/blog/techflash/2014/03/orbital-sciences-launches-3-billion-next.html?page=all
Orbital Sciences Corp. started production of 81 spacecraft today in Gilbert for the world’s only voice and data satellite network program, Iridium Next.
Thales Alenia Space of France, the prime contractor for the project, selected Orbital to assemble, integrate and test the satellites. The $3 billion next-generation satellite constellation is being built at Orbital’s local facility for Iridium Communications Inc., a McLean, Va.-based company that has an office in Tempe.
The cross-linked 66-satellite constellation spans the globe for personal data connectivity, allowing communications from a ground or airborne user from any location on Earth to virtually anywhere else on Earth.
The new satellites eventually will replace the current largest and unique group of 16-plus-year-old satellites in space, which provide global mobile communications via the world’s farthest-reaching satellite network.
The 66 new satellites, which will be launched into space starting in 2015, will provide more broadband services and enhanced voice quality and will meet future data demands, said Scott Smith, chief operating officer of Iridium Communications.
“In areas where there is no connectivity (like oceans and polar areas), the satellites provide data connectivity,” Smith said today at the Gilbert kickoff event, adding that the satellites support oil, gas, transportation and utility operations. “We reach 90 percent of the world that is not covered by cellular. Connectivity globally is key.”
The satellites will also help locate air traffic anywhere in the world, using new GPS receivers every commercial aircraft will be required to have by 2016, Smith said. This could have helped locate the recent Malaysian Airlines jet that was lost over the Indian Ocean.
Current air traffic control works with radar and transponders, a method that does not work when an aircraft is crossing remote ocean areas.
“There are long periods of time where no one knows where you are,” Smith said. “With new-generation aircraft, they will have this new GPS receiver. We’re putting these receivers on every satellite to know specifically where every aircraft is.”
Besides the 66 operational satellites, Orbital is building six on-orbit spares and nine ground-backup spacecraft at its new assembly line in Gilbert.
Orbital is expected to build three to four satellites a month for the next three years, completely replacing the older ones by 2017, Smith said.
The production marks the first activity for the Gilbert facility’s foreign trade zone, said Jason Yocum, Orbital’s senior program director for Iridium Next.
“The foreign trade zone has allowed Orbital to reduce program costs,” he said. “The zone is designed to make U.S. companies more competitive in the global market. This helps with our international partnership with Thales Alenia.”
Gilbert Mayor John Lewis, recalling the day in 1969 when he watched Neil Armstrong step on the moon, called this program “another giant leap for mankind.”
“I’ve been told this is the most significant commercial space project in the world,” he said. “Gilbert is the place helping the entire world to connect.”
Thirty to 40 employees at the Gilbert facility will build and test the spacecraft, Yocum said.
Orbital is also responsible for the ground support equipment, payload integration and launch integration services.
The newly designed satellites are expected to be in orbit for at least 15 years, Smith said.
Most of the old satellites will be taken out of orbit, he said, and some will be used for backup.
Orbital also is building a satellite for NASA to help understand Earth’s climate change
Got back into hibernation. You've been saying the same thing for months and you continue to be wrong.
This company is gold.
$140k trade at 7.90 just went through
Hey I'm on your side. Just saying that if you do have valuable things to say, it helps to have credibility.
Who knows. But spewing random noise doesn't help your credibility much.
Well it's misleading. It is like the folks who make stuff up. Not needed in my opinion.
Then why did you write it was nice spending the day with them?
You met them?
Can you provide more details? Did you actually speak to somebody?
Clean Tech penny stocks to take off soon. They will be just like the MJ plays however the gains will stick as clean technologies are a necessity for the future. Looks at the gains of MY. Expecting the same here soon.
Oh no! Purina products on that shelf?! Nestlé must be in default and going bankrupt and having the world crash down on them. Oh no, poor guys. Must be RUFF
Nice bid support right now. 1.3m
Amidst all the noise. Somebody is buying. 2m shares bought on the bid.
Nutrabar is stocked, shipped and sold by Amazon LLC.
PAWtizer 45 count stocked, shipped and sold by Amazon LLC.
PAWtizer Spray stocked, shipped and sold by Amazon LLC.
I sold most around 3.80 and the final few around 3.50. Waiting for another opportunity.
I believe I read this only requires a 15% no vote by shareholders for it to not happen
Tower Group and ACP Re to merge
Added more as well.
Who said I am invested here? Maybe I am here for the joy of it. Do I need to be invested to have an opinion?
AAPT has an interesting opportunity to land what I find to be unique products into a very large market. I find the wipes and nutrabar to be a solid product that could possibly gain traction. They have more going for them than 99% of the penny companies out there. It's funny that you hold them to such a "high" standard when there are so many pure P&D paid shams out there.
Whether or not AAPT can get the job remains a question. However having a solid product in multiple national retailers is a very good start. These things don't happen overnight. I would bet on the products to succeed eventually.
Because of a zacks rating change haha
Forming a nice base here for the next move up
I'm sorry I didn't realize I asked you those questions.
Oh did you speak with the company? Is that the information they provided you with?
Took some profits today. Still have half my shares and might add again during a significant pull back. This has been an easy trade from the $2.20 levels.
It was all over the financial news yesterday. Cox Cable possible buyer as well.
I was referring to Time Warner being bought by Comcast
Will be interesting to see of the time Warner buyout rumors effect CETV at all
That's because they were all in the customers baskets. Hahahaha
WOOOOOF
I thought AAPT didn't even have any PAWtizer left? How can this be?!
I am outraged!
How can I know what I read here is true? I base all of my decisions on this board.
That company provides blank, empty canisters. Please enlighten us as to how they would have received PAWtizer product.
Incorrect. Only been here since March, after everything that took place.
Also most penny companies operate very differently from large cap companies. They don't hold shareholder meetings. If that's what you're after, you're in the wrong place.
Why would a scam have an IR person at all? You seem to know a lot about "scams"
He didn't come here to explain himself. He sent a letter containing non public information to a targeted amount of large shareholders with the specific goal of tanking the stock. Those large holders who sold, are probably the 20 John Does listed in the case. Some of them still post here. Ive seen the original email and all of their names are there. It wont take much to subpoena their trade history. He did the same thing at another company. The biggest mistake B&L made was not doing their due diligence on EG.
Considering I have emails from him confirming what was put out in PRs, ill take my shot with B&L. EG has zero credibility in my opinion.
A scam that has products in multiple national retailers? Seems like one elaborate scam.
Wouldn't it be easier to do what most pinks do and not put out a product and continue to dilute with a promise of big things?!
Man AAPT is going through a lot of effort here.
Haha WOOOOOF