This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Homeland Security Capital Corporation Announces Second Quarter Results

Homeland Security Capital Corporation (OTCBB: HOMS), an international provider of specialized technology-based radiological, nuclear, environmental, disaster relief, and electronic security solutions to government and commercial customers, yesterday reported financial results for the second quarter ended December 31, 2010.

Revenue for the quarter was $28.2 million compared to $26.6 million for the same period last year. Net income for the quarter, before giving effect to preferred stock dividends, was $1.2 million or $0.02 per share compared to a net income of $1.2 million or $0.02 per share for the same period last year. Net income attributable to common stockholders, after excluding preferred stock dividends, was $810 thousand or $0.01 per share compared to net income of $819 thousand or $0.02 per share for the same period last year. EBITDA (earnings before interest, taxes, depreciation and amortization) for the quarter was $2.2 million compared to $2.7 million for the previous year’s quarter. EBITDAS (EBITDA before stock based compensation) for the quarter was $2.3 million compared to $3.0 million in the previous year’s quarter.

Revenue for the six months was $53.3 million compared to $47.4 million for the same period last year. Net income for the six months, before giving effect to preferred stock dividends, was $1.5 million or $0.03 per share compared to a net income of $450 thousand or $0.01 per share for the same period last year. Net income attributable to common stockholders, after excluding preferred stock dividends, was $689 thousand or $0.01 per share compared to a net loss of $362 thousand or $0.01 per share for the same period last year. EBITDA (earnings before interest, taxes, depreciation and amortization) for the six months was $3.5 million compared to $3.1 million for the previous year. EBITDAS (EBITDA before stock based compensation) for the six months was $3.6 million compared to $3.7 million in the previous year.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,011.94 -28.43 -0.16%
S&P 500 2,109.60 -2.13 -0.10%
NASDAQ 5,076.5240 -6.4050 -0.13%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs