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Trucking company J.B. Hunt Transport Services Inc. (JBHT: Quote) reported higher profit for the third quarter, reflecting higher revenue, reduced interest expenses and a slightly lower tax rate.
- Q3 EPS rose to $0.65 from $0.57 last year. Consensus - $0.66/Shr.
- Q3 net income was $78.2 mln versus $68.7 mln last year.
- Q3 total operating revenues grew 11% to $1.30 bln from $1.17 bln last year. Consensus - $1.28 bln.
- Q3 total operating revenues, excl. fuel surcharges, rose 10.5% to $1.05 bln.
Information technology company iGATE Corp. (IGTE: Quote)
- Q3 EPS was $0.27 versus $0.10 last year.
- Q3 non-GAAP EPS totaled $0.46 versus $0.26 last year. Consensus - $0.37/Shr.
- Q3 net income grew 97.9% to $28.3 mln from $14.3 mln last year.
- Q3 non-GAAP net income was $35.6 mln versus $19.2 mln last year.
- Q3 revenues rose to $271.1 mln from $265.7 mln last year. Consensus - $277.21 mln.
Diversified chemical company KMG Chemicals Inc. (KMG: Quote)
- Q4 EPS grew to $0.33 from $0.10 last year.
- Q4 net income rose to $3.86 mln from $1.18 mln last year.
- Q4 EPS from cont. ops. was $0.34 versus $0.10 last year.
- Q4 income from cont. ops. was $4.02 mln versus $1.07 mln last year.
- Q4 net sales declined to $67.61 mln from $70.94 mln in the prior year.
NPS Pharmaceuticals Inc. (NPSP: Quote) said the U.S. Food and Drug Administration or FDA has posted briefing materials for the October 16, 2012 Gastrointestinal Drugs Advisory Committee meeting to review Gattex (teduglutide) for treating Adult Short Bowel Syndrome.
From the FDA briefing document for the Advisory Committee meeting on October 16, 2012 to review Gattex...
"The Division of Gastroenterology in conjunction with the relevant review divisions in the Center for Drug Review and Evaluation has reviewed NDA for Gattex. Our preliminary findings regarding the primary efficacy data analyses and the identification of significant safety events of interest are in general agreement with those of NPS Pharmaceuticals Inc."
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by RTT Staff Writer
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