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Entertainment Gaming Asia Inc. Message Board

drmicrocaps 2 posts  |  Last Activity: Jul 6, 2016 9:41 AM Member since: Jan 19, 2011
  • Reply to

    1st Quarter results

    by drmicrocaps Jun 28, 2013 11:30 AM
    drmicrocaps drmicrocaps Jul 6, 2016 9:41 AM Flag

    AZZ Inc. Reports Financial Results for the First Quarter of Fiscal Year 2017
    First Quarter Fiscal 2017 EPS of $0.81, up 5.2% compared to $0.77 in Fiscal 2016
    First Quarter Revenues of $242.7 million, up $13.8 million or 6.0% over First Quarter Fiscal 2016
    First Quarter Bookings of $250.5 million, up 16.4% compared to First Quarter Fiscal 2016, resulting in record backlog of $354.2 million
    Announces Quarterly Cash Dividend of $0.15 per Share
    PR Newswire AZZ Inc.
    July 5, 2016 6:30 AM
    
    FORT WORTH, Texas, July 5, 2016 /PRNewswire/ -- AZZ Inc. (AZZ), a global provider of galvanizing services, welding solutions, specialty electrical equipment and highly engineered services, today announced financial results for the three month period ended May 31, 2016.

    Management Discussion

    Tom Ferguson, president and chief executive officer of AZZ Inc., commented, "The financial results for the first quarter were solid reflecting the operational performance of our two business segments. We are particularly pleased with the 13.8% revenue growth and the 10% increase in operating income in our galvanizing business, the 1.03 book-to-ship ratio of our overall business, and the 11% increase in the backlog at the end of the first quarter as compared to the first quarter last year. We are also pleased with the 104% increase in the operating cash flow versus last year's comparable quarter. Given the mixed market dynamics that we currently face, our sales teams are doing a great job."

    "In the Energy Segment," continued Mr. Ferguson, "our acquisition of PEI, at the start of the just completed quarter, is doing very well, and we expect it to be accretive to earnings during the fiscal year. We continue to see domestic opportunities for growth during the fiscal year, despite the fact that lower oil prices are having a moderate impact on both our Energy and Galvanizing businesses. Looking ahead, we believe that our industry leading products and services uniquely positions AZZ to benefit from.

    Sentiment: Strong Buy

  • Reply to

    "Wisper Number"

    by drmicrocaps Sep 9, 2011 5:00 PM
    drmicrocaps drmicrocaps Jul 6, 2016 9:34 AM Flag

    https://finance.yahoo.com/news/inplay-briefing-com-055139997.html#azz

    Sentiment: Strong Buy

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