Press Release Services and Business News from Send2Press, a unit of Neotrope, established 1983
Press Release Writing and Distribution
  Tuesday, October 24, 2017 Neotrope®
Public Relations
Press Release Services and Media Relations
Send2Press® - Press Release Writing, Newswire Distribution, Press Release Optimization, Internet Marketing, Podcasting, SEO, Media Monitoring, Media Coaching, News Syndication, Book Marketing, Entertainment News, Web PR, and Media Relations since 1983   media relations
press release writing
Press Release Services and Business News from Send2Press, a unit of Neotrope, established 1983
 
NEWS WIRES:
» Ad Industry News
» Aerospace News
» Arts News
» Automobile News
» Biotech News
» Book News
» Business News
» Computer Industry News
» Construction News
» DotCom News
» eCommerce News
» Education News
» eMarketing News
» Entertainment News
» Employment News
» Energy News
» Family/Parenting News
» Fashion Industry News
» Fitness Industry News
» Food & Cooking News
» Graphics News
» Insurance News
» Interior Design News
» Internet News
» Investor News
» Manufacturing News
» Medical News
» Music News
» NonProfit News
» Peace/Ecology News
» Podcasting News
» Political News
» Real Estate News
» Religion News
» Retail News
» Security Solutions News
» Small Cap & OTC News
» Software Industry News
» Sports News
» Telecom News
» Travel Industry News
» TV & Cable News
» VoIP News
» US Newswires
» Business Profiles
» More News Channels
» Today's Headlines

Distribute your News with Send2Press® Press Release Services

 

Small Cap News
PRESS RELEASE ARCHIVES FROM SEND2PRESS® NEWSWIRE

NOTICE: THIS IS ARCHIVAL CONTENT AND LIKELY OUT OF DATE.

Edited for Send2Press by Carly Zander


DVD Distributors Show Mixed Results Following Holiday Season

RENO, NV - Jan 28, 2004 /Send2Press Newswire/ -- AXcess News (www.theaxcess.net) announced today that they have released a story covering the DVD distribution industry which focuses on both brand name companies and several niche players.

Sony Corporation, still reeling from its restructuring, reported a 26% drop in net income for the latest quarter with DVD recorders showing gains as one of its bright spots in an otherwise dismal financial picture.

Sony's revenue increased 0.7% thanks to aggressive launches of digital products while operating profit dropped 20%.

Expenses related to job cuts were partly behind the lower profits, Sony said. Sony is in the middle of a major reform program, which includes slashing 20,000 jobs, or about 13% of its global work force, to reshape its operations and boost profitability.

Navarre Corporation (NasdaqNM: NAVR) reported a 31% increase in sales for the third quarter and record earnings.

The Minneapolis based DVD company's consolidated net sales weighed in at $153.0 million verses $117.0 million last year. Net income increased by approximately 20% to $3.6 million or $0.15 per share as compared to $3.0 million or $0.14 per share last year on a fully diluted basis.

Navarre, which was featured in a story in December (See "DVD distributors expecting strong holiday sales" http://www.theaxcess.net/technology_04_1203.html) that highlighted several niche DVD distribution companies, had completed a $12 million dollar private placement to reduce debt in acquiring BCI Eclipse.

NuTech Digital (OTC BB: NTDL), which was also featured in that story, announced its earnings for the 3rd quarter today giving the best performance overall with revenues of $956,000 and net earnings of $289,000, marking a turnaround in earnings of $1,207,000 since the fourth quarter of 2002 which reflected a loss of $918,000.

Since AXcess News coverage last month, Navarre rose from $5.63 to see $6.85 last week before backing off to $6.26 at 3:11pm ET Wednesday. NuTech rose from $0.65 to weigh in at $1.08, with an impressive gain of $.43 or 66.1%.

To read that story, go to: http://www.theaxcess.net

axcess logo (c) About AXcess News
Dubbed the "Yahoo! of small cap business news" by Gordon Borrell, one of America's leading media and research gurus, AXcess News is fast becoming a known commodity for both the serious investor and people in general looking for informed articles and insightful columns that appeal to a broad spectrum of readers.



• Previous News from AXcess News



FOR INFORMATION ABOUT THE COMPANY OR ORGANIZATION(S) MENTIONED IN THE ABOVE BUSINESS NEWS ARTICLE, PLEASE CONTACT THE COMPANY DIRECTLY AND NOT THIS WEBSITE.

DISCLAIMER: the above business news article is believed accurate but not guaranteed, and is based on business news supplied by the company or organization mentioned and/or quoted in the story. Neotrope/Send2Press makes no claims of accuracy or suitability for any purpose. Any opinions expressed by representatives of company(s) mentioned in news item are solely those of the person indicated, and do not reflect any opinion or policy of Neotrope/Send2Press. Your use of any information contained herein is done solely at your own risk, and you are fully responsible for using any information herein, or on sites mentioned or linked to in the article.

USE OF THE ABOVE NEWS ARTICLE
Article is Copr. © 2004 Neotrope/Send2Press. Reproduction of this news article in any form requires written authorization. You may freely link to this article. For more information on using this article in print or on your website, please visit: www.freeNewsArticles.com™.



Add Our News Headlines to Your Website Free
Free headline feed


Journalists & Editors
Choose your news by preferred topic(s).
Privacy protected.
MORE INFO

Archived Releases

Most Recent Releases


Subscribe to RSS Feed



NOTICE: THIS PAGE IS ARCHIVAL CONTENT AND SHOULD NOT BE RELIED UPON FOR ACCURACY.
Top of Page | Home Page | E-mail This News Story

Press Release Services from Send2Press
Click Links Below to Learn More About Send2Press News & Press Release Services:
News Distribution by Send2Press   |   Press Release Writing Services
business news
 Copr. © 1983-2014 Neotrope® — all rights reserved. Privacy/Legal Statements 
Press Release Writing
Business Press Release Services | Compare News Distribution Plans | Agency Program | How to Order
PR Services Add-on Options | Price List | SEO+PR™ Services | Press Release Writing | Publication Lists
Client Testimonials | About Us | Contact Us | Newswire Channels |
News About Send2Press | | RSS/XML Feed

Free News Articles