InvestorsHub Logo
Followers 1
Posts 270
Boards Moderated 0
Alias Born 10/05/2006

Re: Welcome2Pinkyland post# 469

Wednesday, 08/13/2008 3:16:53 PM

Wednesday, August 13, 2008 3:16:53 PM

Post# of 530
HemaCare Reports Profitable Second Quarter

LOS ANGELES, CA--(MARKET WIRE)--Aug 13, 2008 -- HemaCare Corporation announced today a substantial improvement in the second quarter of 2008 when compared to the same period of 2007. Net income in the quarter was $428,000. In the second quarter of 2007, the Company reported a loss of $413,000. Sales from continuing operations were $9.6 million, 14% greater than the same period of 2007. Net income from continuing operations was $165,000, compared to a second quarter 2007 loss of $614,000.

http://ca.us.biz.yahoo.com/iw/080813/0424675.html

**My note: I like seeing income vs losses. They could bring in over 40 Million for the year with a profit of half a Million or more. Usually one day later the sec.gov site has an explanation of the earnings. http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000801748&owner=include&count=40

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.