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

Ecology And Environment, Inc., First Quarter Earnings Down Vs. Last Year, Up Vs. Last Quarter

LANCASTER, N.Y., Dec. 19, 2012 (GLOBE NEWSWIRE) -- Ecology and Environment, Inc. (E & E) (Nasdaq:EEI) reported consolidated revenues for the first quarter of fiscal year 2013 of $36.8 million, a decrease of $5.5 million or 13% from the $42.3 million reported in the first quarter of fiscal year 2012. Revenue less subcontract costs was $29.8 million for the quarter compared to $33.2 million in the first quarter of fiscal year 2012, a decrease of $3.4 million or 10%. E & E reported net income of $.2 million or $.06 per share for the first quarter of fiscal year 2013, a decrease of $1.0 million from the net income of $1.2 million or $.28 per share reported in the first quarter of the prior year. However, compared to the fourth quarter of fiscal year 2012, net income for the first quarter of fiscal year 2013 has improved $1.1 million and E & E reported a profit of $.06 per share.

E & E has completed over 50,000 projects for a wide variety of clients in 122 countries, providing environmental solutions in nearly every ecosystem on our planet. E & E is listed on the NASDAQ under the symbol EEI and the information contained in this press release is available on the Company's website at www.ene.com .

     
Financial Report --    
     
(In thousands, except per share information)    
  Three Months Ending
  October 31, 2012 October 29, 2011
     
Revenue  $ 36,822  $ 42,312
     
Revenue less Subcontract Costs  $ 29,806  $ 33,200
     
Net Income  $ 243  $ 1,160
     
Net Income Per Common Share: Basic and Diluted  $ 0.06  $ 0.28
 
CONTACT: Mr. John Mye, P.E.
         Vice President, Treasurer, and Chief Financial Officer
         (716) 684-8060
         jmye@ene.com

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
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,984.29 -50.64 -0.28%
S&P 500 2,099.57 -0.83 -0.04%
NASDAQ 5,013.2040 +18.6020 0.37%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs