Noranda Income Fund (T.NIF.UN, StockForum) releases third quarter results with income before taxes totaling $13.9 million for the quarter compared to $8.7 million reported in the same 2012 quarter. Debt for the fund decreased from $95.5 million at the end of December 2012 to $58.4 million at the time of reporting.
GuestLogix (T.GXI, StockForum) reports third quarter results with a 36% increase in year-over-year revenue to $8.0 million from $5.9 million listed for the same quarter in 2012. Operating expenses were up slightly to $8.5 million from $8.2 million recorded in Q3 2012 with a net loss of $1 million for the quarter compared to a met loss of $2 million recorded in the matching 2012 quarter.
HNZ Group (T.HNZ.A, StockForum) announces Q3 2012 results with an increase in revenue to $74.9 million up from $70.0 million reported in the matching quarter of 2012. There was a net loss of $5.8 million or $0.44 per share for the quarter due to a goodwill impairment charge of $23.5 million levied against the company.
Guardian Capital Group (T.GCG.A, StockForum) opens books on third quarter with an increase in net revenue to $25 billion from $21 billion reported in the matching 2012 quarter. Net gains were also up to $3.1 million from $2 million recorded in Q3 2012. Net earnings available to shareholders increased slightly from $8.7 million in 2012 Q3 to $8.9 million with earnings per share coming in at $0.27 compared to $0.18 reported in the same quarter in 2012.
Atrium Innovations (T.ATB, StockForum) reports solid third quarter growth with revenues climbing 11.9% to US$120.5 million for the quarter compared to US$107.6 million listed in Q3 2012. Gross profit was also up from US$54.5 million to US$59.2 million reported in the matching quarter of 2012. Net income attributable to shareholders dropped from US$13.4 million reported in Q3 2012 to US$10.7 million.
Otelco (T.OTT.UN, StockForum) announces third quarter results with quarterly revenues of $18.98 million falling 22.3% from $24.43 million reported in Q3 2012. Operating income also dropped 33.7% from $6.5 million in Q3 2012 to $4.3 million. Basic net income per share came in at $0.12 per share versus $0.47 per share recorded in the matching 2012 quarter.
5N Plus (T.VNP, StockForum) files third quarter results with revenues dropping to $108.6 million from $120.7 million reported in the matching 2012 quarter. Nine-month revenue numbers also fell to $339.6 million from $423.1 million listed in same period in 2012. Net earnings held at $1.3 million or $0.02 per share from Q3 2012. Share price is down 5% to $2.67 per share on the news.