Tax Company Update: Taxs, Eeft, & Gsic

For the first quarter of 2010, TaxMasters net revenue increased 56.1% to approximately $11.3 million, compared to approximately $7.3 million for the first quarter of fiscal 2009.
By: crwepicks
 
June 24, 2010 - PRLog -- TaxMasters, Inc. (OTC BB:TAXS)

Last: 0.68

TAXS 2010 First Quarter Financial Results

For the first quarter of 2010, TaxMasters net revenue increased 56.1% to approximately $11.3 million, compared to approximately $7.3 million for the first quarter of fiscal 2009. Total operating expenses for the first quarter of 2010 were approximately $9.9 million, an increase of 62.9% compared to $6.1 million for the same period in 2009.

For the first quarter of 2010, the company reported net income from operations of approximately $1.5 million, an increase of approximately 20% compared to approximately $1.2 million for the same period in 2009. The increase was attributable to the increase in revenue offset by increases in compensation costs and advertising expenses.

For the quarter ended March 31, 2010, the company reported net income of approximately $0.9 million, versus net income of approximately $1.2 million for the first quarter of fiscal 2009. The decrease in net income for the first quarter of 2010 compared to the same period in 2009 is mainly due to the tax expense of $0.5 million for the first quarter of 2010.

Visit: http://www.txmstr.com

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Euronet Worldwide Inc

Last: $12.98

Euronet Worldwide Inc RIA Financial Services (“Ria”), a leading global money transfer company, recently announced fee-free money transfers for those wishing to collaborate with the campaign “Un Gol por un Techo” (One Roof for each Goal) organized by “Un Techo para mi País” (A Roof for my Country) in El Salvador.

“Un Techo para mi País” is a non-profit organization that improves the quality of life for families living in extreme poverty through emergency housing and implementation of social plans. This organization has been deeply involved helping the victims of Haiti and Chile earthquakes. The purpose of “Un Gol por un Techo” is to raise enough money to provide one house per goal scored in the World Cup.

Visit: http://www.euronetservices.com

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Last: $29.06

GSI Commerce  E-mail’s influence on offline sales, brand advocacy and discovery is even higher than expected according to the latest research from e-Dialog, a proven provider of advanced e-mail and multichannel marketing solutions within the GSI Commerce Marketing Services division.

The Global E-mail Attitudes Survey of 13,000 consumers in 13 countries across the Americas, Europe and Asia Pacific reveals that e-mail’s influence over multichannel purchasing is powerful, with the majority of consumers (58%) having been driven to make a purchase in a store or over the phone by a marketing e-mail. And while Websites are the preferred place for consumers to opt-in, they are also very willing to subscribe to e-mail messages offline, for example when placing a catalog order (46%), at the point-of-sale (29%), or via SMS text message (13%).

Visit: http://www.gsicommerce.com





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