Home | Business News | Browse by Publication | P | PR Newswire

AeroCentury Corp. Reports Fourth Quarter 2008 and Full Year 2008 Results.

Publication: PR Newswire
Publication Date: 06-MAR-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
BURLINGAME, Calif., March 6 /PRNewswire-FirstCall/ -- AeroCentury Corp. (NYSE Alternext US: ACY), an independent aircraft leasing company, today reported its preliminary, unaudited operating results for the fourth quarter and the year ended December 31, 2008.

For the quarter ended December 31, 2008, the Company reported total revenues of $8.1 million compared with total revenues of $7.2 million for the same period a year ago. For the year ended December 31, 2008, the Company reported total revenues of $31.8 million compared with total revenues of $23.8 million for 2007.

The Company reported a net loss of $160,000 or $0.10 per diluted share for the fourth quarter of 2008, compared to net income of $1,124,000 or $0.69 per diluted share for the fourth quarter of 2007. The Company reported net income of $3,293,000 or $2.08 per diluted share for 2008, compared to net income of $3,775,000 or $2.36 per diluted share for 2007.

Operating lease revenue was approximately...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from PR Newswire
Huntington Hospital Cancer Center Receives Outstanding Achievement Des..., March 06, 2009
Fall Out Boy's New Online Game Fall Out Boy Trail Creating Frenzy., March 06, 2009
Panda Ethanol, Inc. to Deregister With the SEC., March 06, 2009
Mecum Auction Proudly Presents American Racing's Crown Jewel., March 06, 2009
Gaming and I.T. Experts Perry Stasi and Lee Weyers Join TableMAX Manag..., March 06, 2009

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.