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Re: was hotlinktuna post# 435981

Tuesday, 11/08/2005 10:10:41 AM

Tuesday, November 08, 2005 10:10:41 AM

Post# of 704044
ABIX earnings http://finance.yahoo.com/mp#abix
9:54AM Abatix Environmental reports Q3 EPS of $0.57 vs $0.17 in 3Q04; revs rose 40% YoY to $20.1 mln (ABIX) 16.37 +3.41:Co reports Q3 EPS of $0.57 vs $0.17 in 3Q04; revs rose 40% YoY to $20.1 mln. "The increase in sales for 2005 is primarily attributable to sales to restoration customers in response to weather related events in the Gulf Coast region and California, the improvement in the manufacturing and construction markets as the U.S. economy continues to grow, and inflationary pressure on certain products causing increased selling prices. The increase in profitability is primarily attributed to the higher sales volume without a corresponding increase in general and administrative costs, a substantial portion of which are classified as fixed costs... While the impact from the hurricanes has continued in to the early part of the fourth quarter, we are not able to determine the extent of the financial impact these hurricanes will have on our business, nor are we able to predict how long the financial impact will last."

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