Hillenbrand Inc.’s first-quarter profit slips on costs
Batesville-based casket manufacturer Hillenbrand Inc. said Wednesday that its fiscal first-quarter profit fell 8 percent as an increase in sales was offset by higher costs.
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Brightpoint revenue, earnings exceed analyst expectations
The wireless phone distributor said revenue in the fourth quarter was $1.1 billion, an increase of 24 percent over the same period of 2009.
Cummins reports record quarterly sales, profit
Sales for the fourth quarter were $4.1 billion, up 22 percent from the same period in 2009. Quarterly profit of $362 million, or $1.84 per share, exceeded analyst expectations.
Interactive Intelligence reports higher profit, revenue
A rise in large orders enabled the business-communications software firm to more than double profit to more than $10.4 million in the fourth quarter. Revenue leaped 41 percent, to $50.7 million.
Duke Realty reports strong year-end results
Duke Realty Corp. reported a fourth-quarter profit almost 70 percent above last year's figure as it closed out its best leasing year since 2007 and finished with its highest annual portfolio occupancy rate since 2004.
WellPoint profit better than analyst estimates
Excluding special charges, WellPoint’s profit fell 2 percent to $524.7 million in the fourth quarter from $536 million in the fourth quarter of 2009. But earnings per share improved thanks to stock buybacks.
Celadon sees quarterly rise in profit, revenue
The Indianapolis-based trucking company reported revenue of $133.1 million, up 4.6 percent from the same quarter of 2009. Profit rose to $2.9 million from $1 million.
Steel Dynamics profit drops, but outlook brightens
Fort Wayne-based Steel Dynamics' fourth-quarter profit tumbled 71 percent, but shares rose Monday after the company predicted that the economic recovery would fuel greater industrial demand.
UPDATE: ITT Educational profit gives shares a boost
Shares of ITT Educational Services Inc. rose the most in a year Thursday after the for-profit educator reported a fourth-quarter profit that beat analysts’ estimates.
Emmis surges as industry anticipates radio sale
Emmis Communications’ share price soared 42 percent on Wednesday, a day after the company reiterated that it is “actively pursuing” the sale of some assets. CEO Jeff Smulyan says it's impossible to call a station sale imminent, but shares gained another 13 percent on Thursday.
Hurco reports fourth quarter, annual losses
Indianapolis-based machine tool maker lost $1.1 million in the fourth quarter and $5.7 million in fiscal 2010.
Emmis reports $1.6 million quarterly loss
The Indianapolis-based media company suffered a loss in the fiscal third quarter despite a 3-percent rise in revenue.
Interactive Intelligence expecting strong earnings
Indianapolis-based business-communications software firm said it is expecting higher profit and revenue for both the fourth quarter and fiscal 2010. Lucrative product orders in the fourth quarter should help boost earnings.
HHGregg shares slide on lower earnings outlook
The Indianapolis-based appliance and electronics retailer attributed its lower outlook to weak demand for new video technology products. Sales of LED and 3-D televisions were less than expected while sales of lower-priced TVs were higher than anticipated.
Strong holiday sales give Finish Line a boost
The company said on Tuesday sales at stores open more than a year rose 4.5 percent from Nov. 28 through Dec. 19 compared to the same period a year ago.
Finish Line third-quarter profit down on lack of tax benefit
Athletic shoe store chain The Finish Line Inc. said Tuesday that its fiscal third-quarter profit skidded 37 percent as a one-time leg up from a tax windfall last year was not repeated. Revenue rose 9 percent.
Noble Roman’s reports loss
Costs related to discontinued operations prompted the loss for Noble Roman’s, which is shelving its traditional store model in favor of offering its products in convenience and grocery stores.
HHGregg shares swoon after quarterly report
HHGregg Inc.’s profit in its fiscal second quarter fell 20.4 percent from a year ago while expansion boosted revenue 45 percent.
Republic Airways profit soars on acquisitions
Indianapolis airline plans a public offering of 12 million shares of common stock that could raise $100 million or more.
KAR Auction reports higher profit, revenue
The auction company had revenue of $445.3 million in the quarter ended Sept. 30, a 4-percent increase from same quarter of 2009. Profit tripled, to $25.6 million.