Posts Tagged ‘revenue’

Real estate firm sees earnings, revenue rise while debt falls

JACKSON — EastGroup Properties’ profit rose in the first quarter as revenues rose and debt payments fell. The real estate investment trust said quarterly profit rose 32 percent to $7.2 million, or 24 cents per share in the three months ended March 31. That’s up from $5.4 million, or 19 cents per share, in 2012’s […] [...]

One casino adding revenue while the other spruces up

NATCHEZ — Three months after Natchez’s second casino began play, gaming revenue is up in the city, but insiders warn it’s too early to bet on the increase holding or folding. Natchez gaming revenues for December, January and February increased over the same months last year. The Natchez Democrat reports figures from the Natchez City […] [...]

Egg company’s earnings up on better market conditions

JACKSON — Cal-Maine Foods Inc. said today that its fiscal third-quarter net income climbed 17 percent, bolstered by increased selling prices and improved sales of specialty eggs. For the period ended March 2, the egg producer earned $30.6 million, or $1.27 per share. That compares with earnings of $26.1 million, or $1.09 per share, a […] [...]

Choctaws’ gaming revenue growth second-fastest in U.S.

PHILADELPHIA — Indian casinos brushed off weak consumer spending in a sluggish U.S. economic recovery to post a modest increase in revenue in 2011, an industry study reported Wednesday. Not only did revenue rise 3 percent, to $27.4 billion, but Indian casinos are holding on to their share of total casino gambling revenue, competing closely […] [...]

Baptist chooses IDS solution to cut billing, revenue cycle

JACKSON — Medical Practice Solutions (MPS), a division of Mississippi Baptist Health Systems Inc., has selected technology from Fort Lauderdale, Fla.-based IDS to expedite billing and tighten the healthcare system’s revenue cycle. AbbaDox Charge Capture gives physicians the ability to record and immediately submit patient care charge details directly to billing departments, according to a […] [...]

Sanderson Farms sees sales rise, but posts loss

LAUREL — Sanderson Farms Inc. reports net sales for the first quarter of fiscal 2013 were $595.8 million, compared with $517.8 million for the same period a year ago. For the quarter, the poultry company had a net loss of $6.9 million, or $0.31 per share, compared with a net loss of $8.0 million, or $0.36 […] [...]

Lawmakers turn attention to sticky budget year

JACKSON — Mississippi lawmakers are pushing forward with early proposals for the budget year that begins July 1, and many agencies are likely to receive less money than they’re requesting. The $5.5-billion spending plan will be about 1 percent bigger than it is now, with most of the increase going toward state employees’ retirement. Education […] [...]

Bomgar reports hefty year-over-year revenue growth

JACKSON — Bomgar reports a strong finish to fiscal year 2012, with 34 percent revenue growth year over year. Celebrating its 10th anniversary in 2013, Bomgar plans further expansion in the EMEA and Pacific regions, in addition to significantly increasing market share in the U.S. With more than 6,500 customers worldwide, Bomgar is used by […] [...]

Sales flat, net income down at TVA during first quarter

NORTH MISSISSIPPI — The Tennessee Valley Authority reported electricity sales were relatively flat in the first quarter of fiscal year 2013, total revenues were consistent with the prior year and net income was down. Higher off-system sales as a result of excess generation and closer to normal temperatures for the period, compared with even warmer weather a year ago, […] [...]

Utility’s earnings up, but expansion and hiring delayed

ATLANTA — Southern Company reported fourth quarter 2012 earnings of $383 million, or 44 cents a share, compared with earnings of $261 million, or 30 cents a share, in the fourth quarter of 2011. Southern Company, the parent company of Mississippi Power Co., also reported full-year 2012 earnings of $2.35 billion, or $2.70 a share, […] [...]

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