This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Syntroleum Announces Third Quarter 2009 Financial Results Conference Call Scheduled for November 5, 2009 2009-10-30 18:58 ET - News Release TULSA, Okla., Oct. 30, 2009 (GLOBE NEWSWIRE) -- Syntroleum Corporation (Nasdaq:SYNM) today announced financial results for the quarter ended September 30, 2009.
* Cash position of $15.2 million compared to a cash position of
$10.1 million at December 31, 2008.
* Receivable balance of $6.6 million compared to a receivable
balance of $0.5 million at December 31, 2008.
* Net cash provided by operating activities was $11.8 million for
the first nine months of 2009 compared to net cash used in
operating activities of $1.7 million for the same period last
year.
* Total revenue of $26.3 million for nine months ended September
30, 2009 compared to $3.9 million for the same period last year.
* Total net income of $7.1 million for the nine months ended
September 30, 2009 compared to a loss of $3.3 million for the
same period last year.
* Net income per share of $ 0.10 versus a loss of $0.05 for the
nine months ended September 30, 2009 and 2008, respectively.
* Dynamic Fuels LLC (50/50 venture with Tyson Foods) plant, which
is under construction in Geismar, Louisiana, was 76% complete as
of September 30, 2009. The plant remains on budget.
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