Zeev's Turnips Patch-No Politics (ZEEV)

[Orvis]

Jade raises earnings estimates

LJ International Increases Financial Guidance for Fourth Quarter and Full Year 2005; Company to Report Strongest Quarter in History

February 09, 2006 11:00:26 (ET)
For the fourth quarter ended December 31, 2005, LJI expects to report record revenues of more than $32 million and net income of more than $1.3 million, or $0.08 per fully diluted share. For the full year 2005, LJI expects revenues of at least $95 million and net income of more than $3.0 million, or $0.23 per fully diluted share. These upward revisions exceed the prior guidance given by the Company in December 2005, when it projected fourth-quarter 2005 revenues of $26 million to $27 million ($89 million to $90 million for the full year 2005) and earnings per fully diluted share of between $0.07 and $0.08 ($0.22 to $0.23 for the full year).