Posts Tagged ‘revenue’

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, […] [...]

County not banking much on revenue from casinos

NATCHEZ — Adams County officials are being careful not to count too heavily on gambling revenue in 2013, despite the opening of a new casino. The Natchez Democrat reports the county has only budgeted for an additional $95,000 in gambling revenue for fiscal year 2013. For the fiscal year that ended in September 2012, a […] [...]

Challenging market, input costs cut Cal-Maine’s earnings

JACKSON — Cal-Maine Foods Inc. reported net sales for the second quarter of fiscal 2013 were $328.9 million, compared with net sales of $290.4 million for the same quarter of fiscal 2012. The egg company reported net income of $14.3 million, or $0.60 per basic share, for the second quarter, compared with net income of […] [...]

Fertilizer company reports loss, decreased sales

MADISON — Phosphate Holdings Inc. reports a third quarter of 2012 net loss of $4.8 million, or $0.57 per diluted share of common stock, compared to net income of $1.5 million, or $0.18 per diluted share of common stock, for the same period in 2011. Earnings before interest, taxes, depreciation and amortization (EBITDA) for the third quarter of […] [...]

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