Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Comfort Systems USA Reports 2003 Q4, Full-Year Results
Feb 27, 2004
 Printable format
 Email this Article
 Search

Comfort Systems USA Inc. (Houston, TX, U.S.), a provider of commercial, industrial and institutional heating, ventilation, and air conditioning (HVAC) services, has reported a net loss of U.S. $3.51 million or $0.12 per diluted share, for the quarter ended Dec. 31, 2003. This is as compared to a net loss of $334,000 or $0.01 per diluted share, in the fourth quarter of 2002.

Net loss from continuing operations for the current quarter was $2.04 million or $0.08 per diluted share as compared to net income from continuing operations of $472,000 or $0.01 per diluted share, in the prior year.

Excluding the non-cash charges for goodwill impairment. debt cost write-off, and the effect of divested units not included in discontinued operations, net income from ongoing operations was $2.12 million or $0.05 per diluted share for the quarter as compared to $975,000 or $0.03 per diluted share in the fourth quarter of 2002.

Operating income from ongoing operations, determined on the same basis, was $3.07 million or 1.6 percent of revenues, up 47.1 percent from $2.08 million, or 1.1 percent of revenues, in 2002.

The company reported revenues from continuing operations of $1.97 million in the current quarter as compared to $1.95 million in 2002.

Excluding divested units not reported as discontinued operations, same-store revenues increased 4.1 percent in 2003 from $1.89 millioin in 2002. The company also reported positive free cash flow of $8.36 million in the current quarter as compared to negative free cash flow of $774,000 in 2002.

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows