China Sun Group High-Tech Co. Reports Continued Growth in Q2 FY09 (PR Newswire) and NMT Medical Provides Preliminary Year End Financial Results and Clinical Trial Update (Business Wire)

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City of Industry, CA --(www.USEquityNews.com)-- 01/13/2009 - Earnings industry alert provided by U.S. Equity News. - Quarterly Revenue Up 42% to $7.6 Million; Net Income Increases 145% to $1.8 Million -LIAONING PROVINCE, China, Jan. 13 /PRNewswire-FirstCall/ -- China Sun Group High-Tech Co. (OTCBB: CSGH), which through its wholly-owned subsidiary Dalian Xinyang High-Tech Development Co. Ltd ("DLX") has the second largest cobalt series production capacity in the People's Republic of China ("PRC"), today announced its financial results for the second fiscal quarter ended November 30, 2008. Full details are available on the Company's Quarterly Report filed on Form 10-Q with the SEC at http://www.sec.gov on January 12, 2009.


Revenue for the three months ended November 30, 2008 totaled $7,606,217, an increase of 42% from revenue of $5,357,190 for the comparable period in 2007. Net income for the three months ended November 30, 2008 was $1,809,975, an increase of 145% from $738,482 for the comparable period in 2007. [Read the full article]

BOSTON--(BUSINESS WIRE)--NMT Medical, Inc. (NASDAQ: NMTI) today announced that it is providing preliminary fourth-quarter and year-end financial results and updates to its clinical trial plans in 2009. NMT currently expects to report revenues of approximately $4.4 million for the fourth quarter of 2008 and revenues of approximately $18 million for the full year 2008. At December 31, 2008, NMT had more than $17 million in cash, cash equivalents and marketable securities.As part of its ongoing review of the business, NMT implemented a series of cost reduction initiatives, including reducing headcount throughout the organization, reprioritizing its internal programs and restructuring various departments. [Read the full article]

MIDLAND, Texas, Jan. 13 /PRNewswire-FirstCall/ -- Basic Energy Services, Inc. (NYSE: BAS) today reported selected operating data for the month of December 2008. During the month, Basic added two newbuild rigs and retired two rigs leaving its well servicing rig count at 414 as of December 31, 2008. [Read the full article]

- Revenue from continuing operations decreased 21.5% for quarter- Comparable store sales decreased by 24.2% for quarter- Loss from continuing operations ($1,850,000) versus ($476,000) for quarter - Basic EPS and Diluted EPS ($0.26) versus ($0.07) for quarterWOODBURY, N.Y., Jan. 13 /PRNewswire-FirstCall/ -- Jennifer Convertibles, Inc. [Read the full article]

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