Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Earnings Snapshot: Six Flags Entertainment Corp (SIX), Allergan, Inc. (AGN) and Petmed Express Inc (PETS)

Six Flags Entertainment Corp (NYSE:SIX), Allergan, Inc. (NYSE:AGN) and Petmed Express Inc (NASDAQ:PETS) came out with their latest quarterly results on 21st July, 2014.

Six Flags Entertainment Corp (NYSE:SIX), the world’s largest regional theme park company, reported second quarter revenues of $376.55 million, up from last year’s second quarter revenues of $363.7 million. Six Flags Entertainment Corp (NYSE:SIX) had a substantial increase in its net income, which came in at $66.3 million, or $0.67  per diluted share, compared to $47.36 million, or $0.47  per share it posted in the second quarter of 2013.

Six Flags Entertainment Corp (NYSE:SIX)

“The nine percent growth in our Active Pass Base, record-high guest satisfaction ratings, and robust guest spending per capita through the first six months of the year all indicate continued strength in our business. We remain solidly on track to deliver our $500 million Modified EBITDA Target by 2015,” Jim Reid-Anderson, Chairman, President and CEO of Six Flags Entertainment Corp (NYSE:SIX) commented on the results of the Company.

Allergan, Inc. (NYSE:AGN) surprised the Street, when along with its second quarter earnings, it announced that it would be laying off 1,500 of its workers as part of its “stockholder value enhancement” initiative. Allergan, Inc. (NYSE:AGN)’s revenues for the quarter grew by 13% to $1.86 billion from $1.60 billion in the same quarter last year. Net earnings of the company stood at $1.37 per diluted share, up from $1.17 per diluted share in the second quarter of 2013.

In its first fiscal quarter results for 2014 statement, Petmed Express Inc (NASDAQ:PETS) declared net sales of $72.5 million compared to $74.2 million for the same period the prior year, which shows a decrease of 2.2%. The net income of the company amounted to $5 million, or $0.25 per diluted share, compared to $4.8 million, or $0.24 per share for the same quarter last year. The company acquired 184,000 new customers in its first fiscal quarter compared to 207,000 for the same period in 2013.

Petmed Express Inc (NASDAQ:PETS)’s CEO and President, Menderes Akdag said: “We were able to increase our gross margins for the second consecutive quarter and decrease our operational expenses to improve our bottom line results for the quarter ended June 30, 2014”.

Disclosure: none

Loading Comments...