Surprise Earnings Release Drives Trading Activity for Synovis Life Technologies (Nasdaq: SYNO); BeaconEquity.com Article
Synovis posts a 60% increase in second-quarter profit and 19% increase in revenue; Thompson Reuter Analysts maintain Hold rating.
(EMAILWIRE.COM, May 30, 2009 ) DALLAS, Texas - BeaconEquity.com announces the publication of an article covering Synovis Life Technologies’ (Nasdaq: SYNO) impressive second-quarter financial results, as well as its plans to expand its work force.
Investors can access all Beacon Equity investment articles for free at BeaconEquity.com
In the article the author writes:
“Shares of Synovis Life Technologies (Nasdaq: SYNO) are continuing a third day of active trading following the companies stellar financial results for its second-quarter results and analyst expectations that the company will perform well throughout the fiscal year. The St. Paul, Minn.-based medical device maker reported second-quarter profit jumped 60% to $2.1 million, or 18 cents per share, compared with net income of $1.3 million, or 10 cents per share, for the same quarter last year. Revenue rose to $14.8 million, a 19% increase from the equivalent quarter last year of $12.4 million.”
Synovis Life Technologies plans to expand its sales force:
“The company also stated it plans to expand the company's sales force by 16 sales professionals, expanding its domestic sales force to 56 representatives and seven sales managers.”
To read the entire article visit http://www.beaconequity.com/m
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BeaconEquity.com’s market news is one of the fastest growing small-cap blogs in the investment community. Beacon is the authority on research in the small-cap sector, and our analysts strive each day to find the stocks poised to be the biggest movers before the rest of the market is aware of them.
We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas.
BeaconEquity.com is one of the industry’s largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.beaconequity.com/m
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Investors can access all Beacon Equity investment articles for free at BeaconEquity.com
In the article the author writes:
“Shares of Synovis Life Technologies (Nasdaq: SYNO) are continuing a third day of active trading following the companies stellar financial results for its second-quarter results and analyst expectations that the company will perform well throughout the fiscal year. The St. Paul, Minn.-based medical device maker reported second-quarter profit jumped 60% to $2.1 million, or 18 cents per share, compared with net income of $1.3 million, or 10 cents per share, for the same quarter last year. Revenue rose to $14.8 million, a 19% increase from the equivalent quarter last year of $12.4 million.”
Synovis Life Technologies plans to expand its sales force:
“The company also stated it plans to expand the company's sales force by 16 sales professionals, expanding its domestic sales force to 56 representatives and seven sales managers.”
To read the entire article visit http://www.beaconequity.com/m
Join the fastest growing investor community at: http://www.stockhideout.com/
BeaconEquity.com’s market news is one of the fastest growing small-cap blogs in the investment community. Beacon is the authority on research in the small-cap sector, and our analysts strive each day to find the stocks poised to be the biggest movers before the rest of the market is aware of them.
We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas.
BeaconEquity.com is one of the industry’s largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.beaconequity.com/m
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Contact Information:
Beacon Equity
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Beacon Equity
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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