Pacific Sunwear Announces February (Stock Trading) Sales
Pacific Sunwear Announces February Sales
ANAHEIM, Calif., Feb. 28, 2006 (PRIMEZONE) — Pacific Sunwear of California, Inc. (Nasdaq:PSUN) today reported that total sales for the four weeks of fiscal February ending February 25, 2006 were $89.0 million, an increase of 7.0 percent over total sales of $83.2 million during the same period last year. Total Company same store sales decreased 3.1 percent during the same period. By concept, PacSun same store sales decreased 4.0 percent and d.e.m.o. same store sales increased 0.8 percent compared to the same four week period last year.
Horizon Offshore Reports Fourth Quarter and 2005 Results
HOUSTON, Feb. 28, 2006 (PRIMEZONE) — Horizon Offshore, Inc. (OTCBB:HOFF) reported improved results from operations for 2005. For the fiscal year 2005, gross profit was $56.8 million, or 17.5 percent, on revenues of $325.0 million, compared with gross profit of $27.8 million, or 10.9 percent, on revenues of $254.2 million for 2004. Horizon also reported Adjusted EBITDA, as defined below, of $50.7 million for 2005, compared with $17.7 million for 2004. For the fourth quarter of 2005, gross profit was $24.1 million, or 19.3 percent, on revenues of $124.4 million, compared with gross profit of $13.0 million, or 18.1 percent, on revenues of $72.2 million for the fourth quarter of 2004. Adjusted EBITDA was $24.6 million for the fourth quarter of 2005, compared with $8.8 million for the fourth quarter of 2004.
The Society of Professional Journalists Selects Vocus for On-Demand Public Relations Software
LANHAM, Md., Feb. 28, 2006 (PRIMEZONE) — Vocus, Inc. (Nasdaq:VOCS), a leading provider of on-demand software for corporate communications and public relations, announced today that the Society of Professional Journalists, Inc. (SPJ) has selected Vocus public relations software to help manage and automate its public relations efforts. Founded in 1909, SPJ promotes the free flow of information vital to a well-informed public, works to inspire and educate the next generation of journalists, and protects First Amendment guarantees of freedom of speech and press.
The Solvis Group Reports First Quarter Results
ANAHEIM, Calif., Feb. 28, 2006 (PRIMEZONE) — The Solvis Group, Inc. (Pink Sheets:SLVG), a subsidiary of Dalrada Financial Corporation (OTCBB:DRDF) and a provider of staffing solutions to small and medium size businesses, today announced its financial results for the first quarter ended December 31, 2005. The Solvis Group had revenues of $16.5 million and net income of $1.1 million, which were included in the consolidated results reported by Dalrada for its second quarter available for review at www.sec.gov.
Calton, Inc. Reports Fourth Quarter and Fiscal Year 2005 Results
VERO BEACH, Fla., Feb. 28, 2006 (PRIMEZONE) — Calton, Inc. (OTCBB:CTON) announced today fourth quarter and fiscal year 2005 results.
Airvana Exceeds $100M in Annual Revenue and Achieves 8 Consecutive Quarters of Profitability
CHELMSFORD, Ma., Feb. 28, 2006 (PRIMEZONE) — Airvana, Inc. (www.airvana.com), an innovator and leader in mobile broadband infrastructure based on 3G 1xEV-DO air interface technology, today announced that its full year 2005 revenues surpassed $100 million, marking eight consecutive profitable quarters. In these eight quarters, Airvana quadrupled its workforce. The company is cash flow positive.