DubLi, Inc. (OTC PINK: DUBL), a global Cashback E-commerce and marketing company that provides consumers around the world with a variety of innovative online shopping and travel opportunities, today reported fiscal 2015 financial results for the three months and six months ended March 31, 2015.
For the three months ended March 31, 2015, revenues increased approximately 200% to $3.8 million over the $1.2 million reported in the same three month period of 2014. The loss from continuing operations in the three months ended March 31, 2015 was approximately $2.0 million and was $1.2 million for the three months ended March 31, 2014. At March 31, 2014, the Company had deferred fee revenues of approximately $13.5 million, substantially all of which will be recognized as revenues during fiscal years 2015 and 2016.
For the six months ended March 31, 2015, revenues
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Avon Reports 3rd Quarter Financial Results, Profit Of $91.4 Million
by Tina Williams • • 0 Comments
Avon Products Inc. (AVP) on Thursday reported third-quarter profit of $91.4 million.
On a per-share basis, the New York, New York-based company said it had profit of 21 cents. Earnings, adjusted for non-recurring costs and restructuring costs, were 23 cents per share.
The results topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share.
The direct seller of cosmetics posted revenue of $2.14 billion in the period, falling short of Street forecasts. Analysts expected $2.15 billion, according to Zacks.
Avon shares have declined 36 percent since the beginning of the year, while the Standard & Poor’s 500 index has climbed 7 percent. The stock has declined 51 percent in the last 12 months.
Everyday, Avon brings beauty to the lives of women all over the world. At Avon, beauty means finding the right lipstick shade for a customer; providing an earnings opportunity so a woman can support her family; and enabling a woman to get her first mammogram. Beauty is about women looking and feeling their best. It’s about championing economic empowerment and improving the lives of women around the world.
Avon is a company steeped in tradition, grounded by its core values and principles as
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Usborne Books & More Reports EOQ Results, Representatives Double & Sales Up 41%
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Educational Development Corporation (“EDC”) (Nasdaq:EDUC) reported results for the fiscal second quarter and the six months ended August 31, 2014, including September.
For the six months ended August 31, 2014, EDC reports net revenue of $13,986,500, a 19% increase of $2,280,900 when compared to $11,705,600 for the same period in the previous year and net earnings of $235,800 compared to $123,000. Earnings per share were $0.06 compared to $0.03 the previous year on a fully diluted basis.
The home business division, Usborne Books & More, has now recorded 16 consecutive months of revenue growth after nine years of decline. Net revenues for the first six month of fiscal year 2015 were up 30% over the same period in fiscal year 2014, and for this quarter sales are up 41% and the trend continued in September as sales were up 58% over September last year.
Reflective of this net revenue gain, the number of sales associates joining our organization March-August has almost doubled at 2,300 as compared to 1,200 over the same period last year. Our number of active consultants is up 25% when comparing this quarter end to the prior year quarter end.
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Synergy Reports Q2 Results: Up 28.5% to $32.5M
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Synergy WorldWide has announced the steady growth and success reported in the second quarter of 2014. Several highlights from the company’s official Q2 statement are listed below:
Company net sales revenue increased 28.5 percent to $32.5 million, compared to $25.3 million in the second quarter of 2013. This marks the fourth consecutive record-setting sales quarter for the company.
According to Synergy WorldWide, the success has been greatly driven by increased sales in South Korea and Japan. These markets are performing exceptionally well.
The increase in net sales revenue is primarily a result of re-engaged leadership, strong execution, and momentum stemming from both the Global Summit and the launch of Synergy’s SLMsmart weight-management system in Asia Pacific.
A key component of growth in South Korea was the continued adoption of the SLMsmart weight management program. As a result, Synergy’s weight management product category has grown from $0.7 million to $2.2 million, or from 2.7 percent to 6.8 percent of net sales.
Contribution margin increased 36.1 percent to $11.8 million, compared to $8.7 million in the second quarter of 2013, primarily as a result of increased net sales revenue.
Synergy WorldWide then extended their thanks to their corporate team, field leaders, and customers.Synergy WorldWide continued to benefit from their partnership with Sunshine products.
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