ZSTN $2.90 Downtrendbreak!
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Preis: $2.90
Webseite: http://www.zstdigital.com/English/
http://www.fixyou.co.uk/tracker_details.php?s=ZSTN
Reports Q2 revenue $41.4M vs. consensus $36.35M.
ZST Digital Networks, Inc. Announces Second Quarter 2011 Results
Second Quarter 2011 (unaudited) Financial Highlights
Total revenue was US$41.4 million, an increase of 25% compared to the second quarter of 2010.
Gross profit for the second quarter 2011 was US$10.2 million, an increase of 24% compared to the second quarter 2010.
Gross profit margin for the second quarter 2011 was 24.7%, compared to 25.0% for the second quarter of 2010.
Operating income for the second quarter 2011 was US$8.8 million, an increase of 22% compared to the second quarter of 2010.
Net income for the second quarter 2011 was US$6.4 million, an increase of 22% compared to the second quarter of 2010.
Net income margin for the second quarter of 2011 was 15.4%, compared to 15.7% for the second quarter of 2010.
http://finance.yahoo.com/news/...-prnews-3846379936.html?x=0&.v=1
http://biz.yahoo.com/e/110802/zstn10-k_a.html
2nd quarter earnings to be released before the bell on Wed, 8/3 and should be interesting to see the numbers. Hopefully this NASDAQ ZSTN and ECDC deal happens soon, would like to get some movement of the ECDC train again. ZSTN has been steadily climbing back up and if this deal finally goes down, I except ECDC to follow in the same direction.
A few highlights cut and pasted from the 10-K/A Annual Report released today:
Summary of Operating Results for 2010
The following summary is intended to provide significant highlights of the discussion and analysis for the year ended December 31, 2010.
Total revenue for year ended December 31, 2010 was $134.6 million, an increase of 34% compared to fiscal 2009.
Gross profit for the year ended December 31, 2010 was $34.8 million, an increase of 104% compared to fiscal 2009.
Gross profit ratio for fiscal 2010 was 26% compared to 17% for fiscal 2009.
Net income for fiscal 2010 was $22.1 million, an increase of 117% compared to fiscal 2009.
GPS-Related Business
Since the fourth quarter of 2009, we have been providing GPS location and tracking services to third parties, mainly logistics and transportation trucking companies. In March 2009, we entered into a network access right agreement with the Henan Subsidiary of China Unicom that allows us to use the China Unicom wireless network for providing GPS location and tracking services.
We expect that in the foreseeable future, the source of revenue for our business will be from (1) selling network system equipment and set-top boxes to cable system operators and (2) providing GPS location and tracking services to mainly logistics and transportation companies. There are 118 counties within Henan Province whereas we are currently serving only 33 counties. Consequently, we believe there is opportunity for future growth. In the future, we may expand our business activities beyond the border of Henan Province. Since we believe that the broadcasting and TV bureau at the provincial level is planning to redesign and enhance the entire network system in the entire Henan province, opportunities to bid for these projects exist. Our current goal for the GPS line of business is to continuously gain and secure market shares within Henan Province.
We expect that our business expenses will continue to increase as expenses associated with our efforts to expand sales, marketing, product development and general and administrative capabilities in all of our businesses, as well as expenses that we incur as a publicly-traded company, including costs associated with financial reporting, information technology, complying with federal securities laws (including the Sarbanes-Oxley Act of 2002), tax administration and human resources related functions. While we are striving for business growth, we also intend to focus on measures to control operational costs.
Overall our revenue was $134.6 million for the year ended December 31, 2010, representing an increase of $34.2 million or a 34.0% increase in comparison to $100.4 million for the year ended December 31, 2009. The significant increase in revenue was contributed mainly by GPS-related business, revenue from sales of GPS devices and related service amounting to $27.5 million in fiscal 2010, representing an increase of $23.6 million or a 6.0 times increase in comparison to $3.9 million for fiscal 2009, since we did not launch GPS-related business until the fourth quarter of 2009. GPS-related business contributed 23.5% of overall increase in sales revenue.
GPS Products:
Revenue from sales of GPS devices and GPS-related service was $27.5 million, which accounted to 20.4% of total sales revenue for fiscal 2010. We entered into GPS-related business in the fourth quarter of 2009 whereas there were only two months GPS operations in fiscal 2009 with revenue of $3.9 million. We intend to concentrate on and dedicate resources to the continuous development of our GPS business.
Among the $27.5 million sales revenue from GPS business, sales of GPS devices amounted to $20.8 million and GPS-related service amounted to $6.7 million. GPS-related services fees include service fee from installation service and subscription service for tracking and locating.
ZSTN
Der aktuelle Cashbestand beläuft sich auf $4.34 pro Aktie und der Gewinn beläuft sich auf $2.28 pro Aktie .
Der Buchwert liegt aktuell bei $7.26 pro Aktie!!!
Dann kann es hier sehr schnell zu einem Kursverdoppler kommen
ZST Digital Networks, Inc. ("ZST" or the "Company") (NASDAQ: ZSTN), a major developer, manufacturer and supplier of digital and optical network equipment to cable system operators and provider of GPS tracking devices and support services for transport-related enterprises in China, today announced the completion of its US$1 million share repurchase program, authorized in August 2010. Further details of the completion of the stock buyback including number of shares and average price will be provided in the Company's fourth quarter and fiscal year 2011 earnings release.
Mr. Zhong Bo, Chairman and Chief Executive Officer of ZST, commented, "The completion of our share repurchase program underscores our commitment to increasing value for our shareholders. Given our consistent performance and the continuing strong demand for our products and services, repurchase of our shares at what we believe to be compelling valuations have constituted an effective use of capital. The growth opportunities in the IPTV and commercial GPS products and services markets in Henan province remain robust, and we believe we are well positioned to continue expanding our share of these growing markets. We will remain focused on the execution of our growth strategy in the year ahead while evaluating additional options to increase shareholder returns."
About ZST Digital Network, Inc.
ZST Digital Networks, Inc. (Nasdaq: ZSTN) is a China-based company, principally engaged in (1) supplying digital and optical network equipment and providing installation services to cable system operators in China and (2) providing GPS location and tracking services to local logistics and transportation companies in China. The Company has developed a line of IPTV devices that are used to provide bundled cable television, Internet and telephone services to residential and commercial customers. The Company has assisted in the installation and construction of over 400 local cable networks in more than 90 municipal districts, counties, townships, and enterprises. The Company has also launched a commercial line of vehicle tracking devices utilizing our GPS tracking technologies and support services for transport-related enterprises to track, monitor and optimize their businesses. For more information about ZST Digital Networks, Inc., please visit: http://www.zstdigital.com/english