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Feb 7


PowerSecure Reports Fourth Quarter Results
News - Financial News

PowerSecure International, Inc. (Nasdaq: POWR - News) today reported strong revenue and profit results for its fourth quarter of 2009. Fourth quarter revenues were $30.0 million, increasing 13.7% compared to the fourth quarter of 2008, and diluted earnings per share (“E.P.S.”) were $0.09, increasing 80.0% compared to the fourth quarter of 2008. Additionally, the Company fourth quarter gross margin was 37.2%, 3.1 percentage points higher than the fourth quarter of 2008, and an all-time high for any quarter in the Company history. [Read the full article]

Capstead Mortgage Corporation (NYSE: CMO - News) announced today that it will pay a first quarter 2010 dividend of $0.50 per common share on April 20, 2010 to stockholders of record as of March 31, 2010. About Capstead

Capstead Mortgage Corporation, formed in 1985 and based in Dallas, Texas, is a self-managed real estate investment trust for federal income tax purposes. Capstead core investment strategy is managing a leveraged portfolio of residential mortgage pass-through securities consisting almost exclusively of adjustable-rate, or ARM, securities issued and guaranteed by government-sponsored entities, either Fannie Mae or Freddie Mac, or by an agency of the federal government, Ginnie Mae. Agency-guaranteed residential mortgage securities carry an implied AAA credit rating with limited, if any, credit risk. [Read the full article]

COM DEV International Ltd. (TSX:CDV - News) today announced first quarter financial results for the three month period ended January 31, 2010. All amounts are stated in Canadian dollars unless otherwise noted.

First Quarter Highlights "In the first quarter we maintained revenue levels from last year despitecurrency headwinds, but a number of additional factors contributed tosuppressing our margins and profitability," said John Keating, CEO of COM DEV."The program performance issues identified at the end of fiscal 2009 had animpact on our margins this quarter, as anticipated, and we also experiencedcost increases on a couple of other programs. Our continued investment ingrowth included over $1 million of operating expenses for our exactEarthsubsidiary which did not exist a year ago."

Mr. Keating continued: "We remain optimistic about our prospects for fiscal 2010. [Read the full article]

Gastar Exploration Ltd. (NYSE Amex: GST) announced today that it will now release its fourth quarter 2009 results on Monday, March 15, after the market closes.  The release is being delayed to provide additional time to determine the proper accounting treatment regarding foreign exchange transactions.  In conjunction with the release, Gastar has rescheduled its conference call, which will now be broadcast live over the Internet at 11:00 a.m. Eastern Time on Tuesday, March 16.  

Live via phone by dialing 480-629-9722 and asking for the Gastar call at least 10 minutes prior to the start time, or live over the Internet by logging on to the web at the address below.

For those who cannot listen to the live call, a telephonic replay will be available through March 23 and may be accessed by calling 303-590-3030, using pass code 4203583#.  Also, an archive of the webcast will be available shortly after the call at www.gastar.com. [Read the full article]

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