Transcend Services (TRCR) - Plus 50%; Intraday-Ausbruch - 500 Beiträge pro Seite

[Braggo2]

16:42 Uhr - Transcend Services (TRCR) - Plus 50%; Intraday-Ausbruch
Thema: AllgemeinTranscend Services ist ein höchst interessantes Unternehmen aus dem Bereich Spracherkennungs-Software. Kunden sind im Bereich Medizin zu finden.

Micro Cap mit 45 Millionen US-Dollar Marktkapitalisierung. Im letzten Quartal Gewinn je Aktie auf 0,10 US-Dollar, annualisert wären das 0,40 US-Dollar damit aktuell KGV im Bereich 16 bis 17. Bin mir allerdings nicht sicher, ob der Gewinn im vierten Quartal hochrechenbar ist. Die Analystenkonferenz die heute um 17 Uhr unserer Zeit stattfindet,. sollte hier neue Aufschlüsse bringen.

Aktie mit tollem Intraday-Ausbruch, der das Gap von heute morgen bestätigt. Aktie nun auf Sechs-Jahres-Hoch bei hohem Handelsvolumen:



entnommen aus: http://www.mastertraders.de/us-trading/

[Marchella]

Transcend Services Transcend Reports 23% Revenue Growth and Earnings Per Share of $0.10 for the Fourth Quarter


TRANSCEND SERVICES, INC. (Nasdaq Market: TRCR) today announced its results for the quarter and year ended December 31, 2006.

Three Months Ended December 31, 2006 Revenue for the fourth quarter of 2006 was $8,954,000, an increase of $1,650,000, or 23%, over fourth quarter 2005 revenue of $7,304,000. Earnings per share was $0.10 in the fourth quarter of 2006 compared to a loss of $0.06 in the fourth quarter of 2005.

The $1,650,000 increase in revenue consisted of transcription revenue from new customers of $1,298,000, approximately $802,000 of which was generated by four customers that were implemented in stages during the late third and fourth quarters of 2006, a $364,000 increase in revenue from customers existing as of the beginning of 2006 and a decrease in other revenue of $12,000.

Gross profit increased to 27% of revenue in the fourth quarter of 2006 from 19% in the fourth quarter of 2005. The improvement is attributable to (1) rollout of the Company’s speech recognition-enabled BeyondTXT platform, (2) growth of relatively fixed indirect cost of operations expenses at a slower rate than the rate of revenue growth and (3) use of offshore transcription resources.

Sue McGrogan, Senior Vice President of Operations, stated, “We are extremely pleased with our fourth quarter results. Our two primary gross profit improvement initiatives - the speech recognition rollout and utilization of offshore partners - showed strong results during the fourth quarter. Roughly 20% of the Company’s total volume is now edited using speech recognition technology in our BeyondTXT platform. The rate of increase accelerated late in the fourth quarter as we overcame implementation barriers and enabled significant numbers of new dictators for editing. Offshore transcription volume, which was almost non-existent until the third quarter of 2006, now represents approximately 7% of total Company volume. We expect both editing and offshore volume to increase steadily during 2007.” Other operating expenses, consisting of selling, research and development, general and administrative, depreciation and amortization expenses, decreased by $95,000 to $1,537,000, or 17% of revenue, in the fourth quarter of 2006 compared to $1,632,000, or 22% of revenue, in the fourth quarter of 2005. The decrease is primarily attributable to the Company’s cost saving initiatives implemented in the fourth quarter of 2005, reduced depreciation expense and ongoing control of expenses as the Company grows.

Net income for the fourth quarter of 2006 was $762,000 or $0.10 per share compared to a loss of $444,000 or $0.06 per share in the fourth quarter of 2005.

Cash flow from operations for the fourth quarter of 2006 was $639,000.

Lance Cornell, Chief Financial Officer, stated, “Our fourth quarter results clearly demonstrate the leverage inherent in our operations when we add significant new business, increase our editing and offshore volume and control operating expenses. I am also pleased to announce that we completed the move of our national data center to a hardened site during the fourth quarter. This move, combined with a number of significant improvements to our technology infrastructure, will enable us to process work reliably and efficiently as we grow. Although we did not complete any acquisitions in 2006, the acquisition of OTP Technologies on January 16th gives us a head start on 2007 acquisitions.” Year Ended December 31, 2006 2005 figures include eleven months of results for Medical Dictation, Inc. (MDI), which was acquired effective January 31, 2005.

Revenue for 2006 was $32,912,000, an increase of $7,095,000, or 27%, over 2005 revenue of $25,817,000. $4,063,000 of the increase was generated by MDI, which grew its revenue 40% to $14,335,000 in 2006 compared to $10,272,000 in 2005. Excluding MDI, Transcend’s transcription revenue grew $3,035,000, or 21%, to $18,357,000 in 2006 compared to $15,322,000 in 2005. These figures have been adjusted to include all third-party platform revenue under MDI for both 2005 and 2006. Other revenue decreased $3,000. The growth in revenue resulted primarily from the addition of new customers.

Jeff McKee, Senior Vice President of Sales and Marketing, stated, “In 2006, we sold new business that we estimate will generate just over $7 million in annual revenue once fully implemented. Roughly $5.5 million of the total was implemented by the end of 2006 and the remaining $1.5 million will be implemented during the first quarter of 2007.” Gross profit was 24% of revenue in 2006 compared to 21% of revenue in 2005. Other operating expenses were 18% of revenue in 2006 compared to 24% of revenue in 2005. Net income for 2006 was $1,457,000 compared to a net loss of $1,192,000 in 2005. Earnings per share for 2006 was $.18 compared to a loss of $.16 in 2005.

Cash flow from operations for 2006 was $1,372,000. As of December 31, 2006, the Company had $215,000 of cash, $1,661,000 of working capital and a current ratio of 1.5:1. Debt decreased to $4,186,000 as of December 31, 2006 compared to $5,829,000 as of December 31, 2005.

Larry Gerdes, President and Chief Executive Officer, concluded, “In addition to our strong financial results, I am pleased to report that we had no customer attrition in the fourth quarter. We are committed to continuously improving our quality, turnaround time and overall customer satisfaction, and customer attrition is certainly one of the best measures of our success in those areas. Our 2007 goals are clear: (1) to provide excellent service to our customers, (2) to create and maintain an excellent work environment for our employees, (3) to improve profitability through operational excellence, (4) to selectively acquire other transcription companies and (5) to build shareholder value as a result. I want to thank our employees for all their hard work and dedication this past year. I am certainly looking forward to 2007.” Conference Call Transcend will host a conference call regarding this press release for investors, analysts and other interested parties on January 24, 2007 at 11:00 a.m. EDT. To participate in the conference call, please dial [phone] (the US/Canada dial-in number) or [phone] (the international dial-in number), enter the conference identification number 6321673 and, if asked, identify the conference name as Transcend Services and the leader name as Larry Gerdes. A replay of the conference call will be available by dialing [phone] (US/Canada) or [phone] (international) and entering the conference identification number 6321673 from two hours after the completion time of the conference call until midnight on January 28, 2007.

About Transcend Services, Inc.

Transcend believes that accurate, reliable and timely transcription creates the foundation for the patient medical record. To this end, the Company has created Internet-based, speech-recognition enabled, voice-to-text systems that allow its skilled medical language specialists to securely and quickly produce the highest quality medical documents. The Company’s wide range of transcription and editing services encompass everything needed to securely receive, type, edit, format and distribute electronic copies of physician-dictated medical documents, from overflow projects to complete transcription outsourcing.

For more information, visit http://www.transcendservices.com.

This press release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, Section 27A of the Securities Act of 1933, as amended and pursuant to the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may relate to financial results and plans for future business activities, and are thus prospective. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are competitive pressures, loss of significant customers, the mix of revenue, changes in pricing policies, delays in revenue recognition, lower-than-expected demand for the Company's products and services, business conditions in the integrated health care delivery network market, general economic conditions, and the risk factors detailed from time to time in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such speak only as of the date made.

(Unaudited Financial Statements Follow) TRANSCEND SERVICES, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Three Months Ended December 31, Twelve Months Ended December 31, 2006 2005 2006 2005 Revenue $ 8,954,000 $ 7,304,000 $ 32,912,000 $ 25,817,000 Direct costs 6,521,000 5,925,000 24,957,000 20,352,000 Gross profit 2,433,000 1,379,000 7,955,000 5,465,000 Operating expenses: Sales and marketing 107,000 96,000 423,000 893,000 Research and development 108,000 93,000 391,000 411,000 General and administrative 1,105,000 1,149,000 4,264,000 3,949,000 Depreciation and amortization 217,000 294,000 830,000 1,029,000 Total operating expenses 1,537,000 1,632,000 5,908,000 6,282,000 Operating income 896,000 (253,000) 2,047,000 (817,000) Interest expense, net (109,000) (86,000) (469,000) (254,000) Other expense (22,000) (105,000) (90,000) (118,000) Total interest and other expense (131,000) (191,000) (559,000) (372,000) Income before income taxes 765,000 (444,000) 1,488,000 (1,189,000) Income taxes (3,000) - (31,000) (3,000) Net income $ 762,000 $ (444,000) $ 1,457,000 $ (1,192,000) Basic earnings per share: Net earnings per share $ 0.10 $ (0.06) $ 0.19 $ (0.16) Weighted average shares outstanding 7,842,000 7,746,000 7,874,000 7,592,000 Diluted earnings per share: Net earnings per share $ 0.10 $ (0.06) $ 0.18 $ (0.16) Weighted average shares outstanding 7,976,000 7,746,000 7,940,000 7,592,000 TRANSCEND SERVICES, INC.

CONSOLIDATED BALANCE SHEETS (Unaudited) December 31, 2006 December 31, 2005 ASSETS Current assets: Cash and cash equivalents $ 215,000 $ 762,000 Accounts receivable, net of allowance for doubtful accounts of $115,000 and $23,000 at December 31, 2006 and December 31, 2005, respectively 4,578,000 3,174,000 Prepaid expenses and other current assets 78,000 142,000 Total current assets 4,871,000 4,078,000 Property and equipment: Computer equipment 3,371,000 3,215,000 Software 2,907,000 2,721,000 Furniture and fixtures 291,000 285,000 Total property and equipment 6,569,000 6,221,000 Accumulated depreciation and amortization (5,235,000) (4,555,000) Property and equipment, net 1,334,000 1,666,000 Intangible assets: Goodwill 3,686,000 3,694,000 Other intangible assets 575,000 575,000 Total intangible assets 4,261,000 4,269,000 Accumulated amortization (216,000) (101,000) Intangible assets, net 4,045,000 4,168,000 Other assets 370,000 348,000 Total assets $ 10,620,000 $ 10,260,000 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Promissory note payable $ 1,105,000 $ 767,000 Accounts payable 250,000 243,000 Accrued compensation and benefits 1,233,000 787,000 Other accrued liabilities 622,000 749,000 Total current liabilities 3,210,000 2,546,000 Long term liabilities: Line of credit 1,163,000 1,879,000 Promissory notes payable 1,918,000 3,183,000 Other liabilities 22,000 36,000 Total long term liabilities 3,103,000 5,098,000 Commitments and contingencies Stockholders' equity: Preferred stock, $0.01 par value; 2,000,000 shares authorized and no shares outstanding at December 31, 2006 and 2005 - - Common Stock, $0.05 par value; 15,000,000 shares authorized at December 31, 2006 and 2005; 7,842,000 and 7,876,000 shares issued and outstanding at December 31, 2006 and 2005, respectively 392,000 394,000 Additional paid-in capital 28,355,000 28,119,000 Retained deficit (24,440,000) (25,897,000) Total stockholders' equity 4,307,000 2,616,000 Total liabilities and stockholders' equity $ 10,620,000 $ 10,260,000

http://de.advfn.com/p.php?pid=nmona&cb=1169657955&article=19…

[renah]

wolte sie kaufen warum geht das nicht hier:O

[renah]

ist hier keiner mehr

[Braggo2]

@renah: Was meinst Du mit "hier"? Die Börse in Berlin? Kann sein, dass der Makler keinen Bid/Ask-Preis stellt.
Ich rate Dir aber sowieso solche Aktien ausschließlich in den USA zu ordern, bspw. über Interactive Brokers!

[renah]

in berlin habe ich versucht ging nicht versuche in der usa danke

[Braggo2]

O.k. ich rate Dir aber vorher, Dich zu erkundigen, was das an Gebühren kostet, das kann sonst ganz schön teuer werden...