Category Archives: record revenues

Spare Backup, Inc. Sees Second Quarter 2009 Subscriptions at Record Levels Between $1.3 and $1.6 Million

From PRNewswire.com

Company to Hold Conference Call to Discuss 2009 Business Outlook

PALM DESERT, Calif., June 9 /PRNewswire-FirstCall/ — Spare Backup, Inc. (OTC Bulletin Board: SPBU), an industry-leading provider of automated, online backup applications, and cloud services for home users and small businesses, announced today that it sees total subscriptions for the second quarter of 2009 ranging between $1.3 and $1.6 million. We anticipate record revenue for the second quarter of 2009 ranging between $500,000 and $600,000 and unearned revenue from annual subscriptions between $800,000 and $1.1 million. The unearned revenue will be recognized as revenue over the subscription term as per our revenue recognition policy which is based on generally accepted accounting principles.

The improved top line performance was largely attributable to its continued rollout of data backup offerings with its partners. Revenue is expected to benefit slightly from an improving pound (GBP) currency in the quarter versus the U.S. dollar. During first quarter of 2009 we had total subscriptions of approximately $1.1 million. We recognized revenues for the first quarter of 2009 amounting to approximately $456,000 and unearned revenue from annual subscriptions sold during first quarter amounting to approximately $608,000. The total subscriptions in the 2nd quarter are expected to exceed the total amount of revenue recorded for the full year of 2008. Seasonality has historically caused the second half of the year to be stronger than the first half.

Management anticipates the roll out of its current and new RETAIL partnerships, as well as other OEMs, and new product offerings such as Spare Room, Spare Mobile, and Spare Sync will continue to expand revenue in the coming quarters. Management will be hosting a conference call to discuss its business outlook for 2009. The information for that call is as follows:

* Date: July 7, 2009
* Time: to be separately announced
* Dial-in number for US/Canada: to be separately announced
* Dial-In number for international callers: to be separately announced
* Conference ID: to be separately announced

Mr. Cery Perle, CEO of the Spare Backup, Inc., commented, “We continue to achieve positive momentum and are excited by the growth in our subscriptions as well as the progress we are making on numerous business fronts. We will be discussing current business relationships, new product launches, pending transactions, financings and new business relationships. We look forward to further communicating where we see the future of our company as we strive to reach our goal of positive EBITDA in 2009 and profitability in 2010.”

For additional information, visit http://www.sparebackup.com. For investor relations, please contact our investor relations department at 760-779-4241 Ext. 224 or ir@sparebackup.com.

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Zagg Reports Record-Breaking Results for the First Quarter of 2009

From yahoo.com

ZAGG Inc. (OTCBB:ZAGG), a leading producer of mobile electronics accessories including the popular invisibleSHIELD™ and award-winning ZAGGaudio™ brands, announces successful financial results for the first quarter of Fiscal Year 2009, ended March 31, 2009. ZAGG highlighted a record-breaking quarter with revenues of almost $8.1 million dollars, a nearly 184% increase when compared to first quarter 2008. Earnings per share for ZAGG were $0.05 for the first quarter 2009.

“Even during these challenging economic times, ZAGG continues to see unprecedented demand for its products. Much of our success can be attributed to the ability to execute on our business plan. We look forward to rolling out new products and services over the remainder of the year that will continue our rapid growth track for years to come,” said Robert G. Pedersen II, President and CEO of ZAGG.

“We continue to see great results from our strong partnerships with Best Buy and Carphone Warehouse, and plan to continue announcing new partnerships that will contribute to ZAGG’s success,” said Pedersen. “This will be the best year ever for ZAGG, and if economic conditions continue to improve, we are well-poised for even more accelerated growth.”

The Company will host an investor conference call today, Thursday, May 14, 2009 at 11:00 AM EDT, to answer questions regarding the results from our Form 10-Q for the 3 months ended March 31, 2009. To participate in the call please dial (877) 407-9210. Interested parties may also listen via the Internet at the event website and on the Company website at: www.ZAGG.com. The call will be available for replay for 30 days by dialing (877) 660-6853 and entering account number 286 and call ID number 322566.

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China Armco Metals Reports Record Financial Results for the First Nine Months of 2008

China Armco Metals, Inc. (OTC BB:CNAM.OB), a distributor of imported metal ore and a growing scrap metal recycler, today announced the Company’s financial results for the third quarter of 2008. Financial Highlights

1) 3rd quarter net income increases to a $1.4 million versus a loss of
$1.9 Million in the 3rd quarter of 2007
2) 3rd quarter diluted EPS climbs to $0.15 versus a loss of $(0.26) in
the 3rd quarter of 2007
3) Revenue for first nine months of 2008 increases to a record $43.2
million
4) EPS for First Nine months climbs to a record $0.48 per share

CNAM currently at $3.00.

Universal Tracking Solutions stock debuts on OTCBB

A new stock from an Arizona-based company began trading today.

Gilbert-based Universal Tracking Solutions is trading under the ticker symbol UTRK on the Over the Counter Bulletin Board. The company reports it has about 14 million shares outstanding, with 1.7 million in free trading.

The stock opened at 14 cents per share Tuesday morning, and as of 9:15 a.m. it was trading at 12 cents.

Universal Tracking Solutions was founded in August 2006. Company officials said UTS has had eight consecutive quarters of record revenue. Financials for the period ended Sept. 30 will be released on Thursday.

UTS provides GPS fleet management solutions. The company has developed an enhanced 3-D application specifically for organizations wishing to keep it running all day. Users can tilt and rotate the map to gain a better perspective of the vehicle’s position.

Furthermore, users can play back the routes a vehicle has taken, much like an animated movie showing stops, speeds, direction and more.

For more: www.universaltrackingsolutions.com.

UTRK closed today at .23 +.13 (130%)

RBC Reports Record 2007 Earnings

IRVING, Texas–(BUSINESS WIRE)–RBC Life Sciences, Inc. (OTCBB: RBCLNews) today announced that net sales for the year-ended December 31, 2007 increased 25 percent to $27.0 million, compared to net sales of $21.7 million for the year-ended December 31, 2006. The Companys net earnings for 2007 improved more than 280 percent to $1.7 million, or $0.08 per diluted share, compared to net earnings of $436,000, or $0.02 per diluted share in 2006.

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