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 RECENT HEADLINES
Knight Transportation, Inc. Reports First Quarter Results
Our results of operations for the quarter ended March 31, 2012 in comparison to the same period in 2011 were: Revenue, before fuel surcharge, increased 16.7%, to $175.6 million from $150.5 million; Net income attributable to Knight increased 7.0%, to $10.5 million from $9.9 million; and Net income attributable to Knight per diluted share increased 13.0%, to $0.13 per share from $0.12 per share. The first quarter of 2012 included a $4.0 million pretax, non-cash stock compensation charge ($3.9...
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Chiquita Brands International, Inc., Reports First Quarter 2012 Results
Chiquita Brands (NYSE: CQB) released financial and operating results for the first quarter of 2012, reporting comparable income of $2 million, and a GAAP loss of $11 million on net sales of $793 million. For the same period in 2011, the company reported comparable income of $26 million and GAAP income of $24 million on net sales of $824 million. The 2012 first quarter GAAP loss includes $11 million in charges related to the previously announced shipping reconfigurations in Europe, the...
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