Plaintree Systems (C.NPT, StockForum) released Q2 2014 results with six-month revenues coming to $9.47 million, up 69% from $5.58 million reported in the matching 2013 period. Six-month net income was also up 543% to $939,925 from a net loss recorded in the same period in 2012. Currently shares remain steady at $0.09 per share.
Neovasc (V.NVC, StockForum) announced third quarter results with revenues jumping 81% from $2.0 million reported in the matching 2012 quarter to $3.6 million. Nine-month revenues came in at $8.43 million, a 58% increase from $5.35 million listed in the same 2012 quarter. Contract manufacturing revenues also grew 11% to $583,466 from $527,557 filed in the matching 2012 quarter. A loss was reported for the quarter of $1.44 million or $0.03 per share while nine-month numbers saw a loss of $4.54 million or $0.10 per share.
RepliCel Life Sciences (C.RP, StockForum) reported third quarter results with revenues for the quarter and nine-month period totaling $4.12 million. Income from operations was up 490% to $3.23 million from a loss of $826,607 in the matching 2012 quarter while nine-month income was listed at $1.52 million compared to a loss of $3.54 million reported for the same period in 2012. There was a total comprehensive quarterly income of $2.61 million versus a loss of $36,393 filed in the same 2012 quarter.
Questfire Energy (V.Q.A, StockForum) filed third quarter results with sales from oil & natural gas topping off at $14.04 million for the quarter, up from $138,123 reported in the matching 2012 quarter. Funds flow from operations rose to $5.21 million or $0.07 per diluted share compared to a loss of $282,642 or $0.02 per share listed in the same 2012 quarter. Income was reported at a loss of $334,256 or $0.03 per diluted share versus a loss of $567,545 or $0.04 per share recorded in Q3 2012.
Cortex Business Solutions (V.CBX, StockForum) opened books on third quarter with $6.2 million in revenue for the quarter, versus $4.9 million reported in the matching 2012 quarter – a 25% increase. Expenses were down 6% to $13.35 million from $14.28 million filed in Q3 2012. There was a net loss for the quarter of $7.15 million or $0.03 per share compared to a net loss of $9.30 million or $0.05 per share.
Photon Control (V.PHO, StockForum) announced third quarter results with a record $4.6 million in quarterly sales – a 92% increase over the same 2012 quarter. At the end of the quarter Photon's sales backlog totaled $4.0 million. There was a net earning for the quarter of $1.1 million and earnings for nine-months ending September 30 rose 48% to $2.26 million from $1.52 million reported in the matching 2012 period. Shares were up 26% on the news to $0.24 per share.
Sterling Resources (V.SLG, StockForum) put out Q3 2013 results with nine-month cash and cash equivalents for the quarter totaling $47.6 million compared to $9.4 million reported in the matching 2012 period. Quarterly net income climbed to $4.5 million or $0.01 per share versus a net loss of $10.0 million or $0.04 per share filed in the same 2012 quarter. Nine-month numbers produced a net loss of $24.4 million or $0.08 per share versus a net loss of $24.7 million recorded in the matching 2012 period. Shares were down 10.14% on the news to $0.62 per share.
ID Watchdog (V.IDW, StockForum) reported third quarter results with revenue for the quarter rising 37.5% or $162,628 reported in the matching 2012 quarter to $596,680. Gross profit was also up 139.7% to $240,969 from $172,469 filed in the same quarter in 2012. Total operating expenses were down 13.9% to $88,759 while cash and cash equivalents for the quarter totaled $493,925. There was net loss for the quarter listed at $320,143.
Noah Education Holdings (NYSE:NED, StockForum) opened books on Q1 2014 with net revenue increasing 26.8% to RMB49.2 million or US$8.0 million for the quarter. Gross profit was also up 12.2% to RMB16.9 million or US$2.8 million while there was a net loss reported for the quarter of RMB0.4 million or US$0.06 million compared to a net loss of RMB0.07 million reported in the matching 2013 quarter.
China Distance Education Holdings (NYSE:DL, StockForum) revealed fourth quarter results with net revenue increasing 61.7% to $27.1 million from $16.7 million reported in the matching 2012 quarter. Gross profit was up 85.8% to $18.4 million from $9.9 million filed in Q4 2012. Operating income for the quarter rose 122.6% to $11.1 million from $5 million listed in 2012 while net income bumped 145.1% to $9.1 million from $3.7 million filed in 2012.