Please wait while we load the requested 10-Q report or click the link below:
https://last10k.com/sec-filings/report/1223112/000119312512225563/d323158d10q.htm
June 2013
June 2013
May 2013
May 2013
March 2013
March 2013
March 2013
March 2013
March 2013
February 2013
Exhibit 99.1
FOR IMMEDIATE RELEASE
ADA-ES REPORTS FIRST QUARTER 2012 RESULTS
Company Reiterates Annualized Revenue and Pre-tax Income Projections of
Approximately $100 million and $50 million
Highlands Ranch, Colorado May 8, 2012 ADA-ES, Inc. (NASDAQ:ADES) (ADA) today announced financial results for the first quarter ended March 31, 2012.
OVERVIEW OF 2012 FIRST QUARTER RESULTS
| Total revenues increased 115% to $18.2 million from $8.5 million in the first quarter of 2011, primarily due to the operations of two Refined Coal (RC) facilities and RC sales. |
| Gross margin was $4.0 million or 22% of revenues for the first quarter of 2012, compared to $7.2 million, or 85% of revenues for the same period in 2011, due to raw coal purchases, operating costs for retained RC production and increased activity in the Emission Control segment. |
| Operating loss of $1.2 million for the first quarter of 2012, compared to operating income of $1.9 million for the same period in 2011. |
| Net loss of $1.4 million, or $0.14 per diluted share for the first quarter of 2012, compared to a net loss of $27.5 million, or $3.63 per diluted share in the first quarter of 2011, which included litigation settlement costs, legal and other expenses totaling, before tax, approximately $41.4 million. |
| Cash and cash equivalents of $28.3 million at March 31, 2012. |
OVERVIEW OF SEGMENTS & OUTLOOK
Dr. Michael D. Durham, President and CEO of ADA stated, The significant increase in revenues for the first quarter of 2012 was due primarily to contributions from our RC segment. We are also happy with the progress and outlook of Emission Control, which should continue to benefit from ongoing industry analysis and assessment of the Mercury and Air Toxics Standard (MATS) regulation.
Please wait while we load the requested 10-Q report or click the link below:
https://last10k.com/sec-filings/report/1223112/000119312512225563/d323158d10q.htm
Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Adaes Inc.
Adaes Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2012 10-K Annual Report includes:
CIK: 1223112
Form Type: 10-Q Quarterly Report
Accession Number: 0001193125-12-225563
Submitted to the SEC: Thu May 10 2012 4:15:06 PM EST
Accepted by the SEC: Thu May 10 2012
Period: Saturday, March 31, 2012
Industry: Miscellaneous Chemical Products