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:Bennett Environmental earns $8.91-million in Q3 2009-11-10 22:47 ET - News Release Mr. Christopher Wallace reports BENNETT ENVIRONMENTAL INC. ANNOUNCES Q3 RESULTS
Bennett Environmental Inc. is releasing its third quarter 2009 results for the period ending Sept. 30, 2009. Revenue for the quarter was $10.9-million, pretax income was $6.3-million and after-tax income was $8.9-million. Earnings per share were 32 cents on a fully diluted basis.
Christopher Wallace, chairman of the board, commented: "We are clearly pleased with these results. They reflect a great deal of effort over the last several years. We have implemented a strategy that focused on our soil treatment business, we have continued to manage our costs, management has maintained focus and these financial results are the result."
Jack Shaw, president and chief executive officer, added the following remarks: "The third quarter results reflect the impact of the Pottersburg Creek project. This is the first quarter where the positive impact of this project has been fully felt. At the end of October, we had soil in inventory that was approximately two times the volume processed in the third quarter, some 95 per cent of that amount from Pottersburg.
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