DGSE CO INC
SymbolDGSE

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DGSE Companies, Inc. Announces Fiscal Third Quarter 2009 Results

2009-11-16 17:30 ET - News Release


DALLAS -- (Business Wire)

DGSE Companies, Inc. (NYSE Amex: DGSE), which wholesales, retails and auctions fine watches, jewelry, diamonds and precious metal and rare coin products via traditional and Internet channels, today announced operating results for the quarter ended September 30, 2009.

Earnings

  • Basic and diluted net income per share for the fiscal third quarter of 2009 was $.03 versus $.02 in the equivalent period in fiscal 2008. Net income from continuing operations was $309,901 in the quarter versus $201,393 in the equivalent 2008 quarter. Basic shares outstanding during the second quarter of 2009 were 9,833,635 versus 9,498,729 in the 2008 quarter. Fully diluted shares outstanding for the quarter were 9,833,635 versus 10,344,363 for the equivalent 2008 quarter.
  • Basic and diluted net income per share for the nine-months ending September 30, 2009 was $.12 (after loss from discontinued operations of $.04) versus $.11 in the equivalent period in fiscal 2008. Net income from continuing operations was $1,570,545 for the nine-months versus $1,132,965 in the equivalent 2008 period. Basic shares outstanding during the period of 2009 were 9,833,635 versus 9,666,182 in the 2008 period. Fully diluted shares outstanding for the period were 9,833,635 versus 10,344,363 for the equivalent 2008 quarter
  • Total Revenues for the Fiscal Third Quarter of 2009 were $16,280,397. Revenues for the equivalent quarter of 2008 were $23,491,946. Revenues for the nine-months were $63,254,038 versus $80,249,402 in the equivalent 2008 period.

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