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Vice President, Investor Relations
FOURTH QUARTER AND FULL YEAR RESULTS
Freight and Logistics Volumes Late in Fourth Quarter
|||Revenues decreased 26 percent to $894.1 million from $1,202.2 million.|
|||Net revenues decreased 17 percent to $332.7 million from $400.8 million.|
|||Net loss was $89.8 million, or $0.89 per diluted share, compared to net income of $18.0 million, or $0.18 per diluted share.|
|||Excluding goodwill impairment and other charges, adjusted net income in the 2009 fiscal fourth quarter was $15.3 million, or $0.15 per diluted share; by further excluding the impact from currency changes, adjusted earnings per share was $0.21 per diluted share.|
|||Excluding after-tax restructuring charges of $6.2 million, adjusted net income in last years fourth quarter was $24.2 million, or $0.24 per diluted share.|
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The following information was filed by Uti Worldwide Inc (UTIW) on Thursday, March 26, 2009 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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