MG, NUAN, HEK, – CRWESelect.com Stocks To Watch For Wednesday August 10th
Crweselect Newsletter
__ HEK, Heckmann Corporation ** Record second quarter 2011 financial results for HEK, posting revenues of $46.9 million, up 300% year over year, and 97% increase quarter over quarter.
HEK is a services-based company focused on total water solutions for shale or “unconventional” oil and gas exploration. HEK`s water solutions for energy development segment is called Heckman Water Resources and includes water disposal, trucking, fluids handling, treatment and pipeline transport facilities, and water infrastructure services for oil and gas exploration and production companies. Through these operations, Heckman Water Resources offers an integrated and efficient full service water program for hydraulic fracturing operations.
More about HEK at www.heckmanncorp.com ********************
NUAN, Nuance Communications, Inc.
** NUAN reported GAAP revenue of $328.9 million in the third quarter of fiscal 2011, a 20.4% increase compared to the same period the prior year.
In the third quarter of fiscal 2011, NUAN recognized GAAP net income of $41.6 million, or $0.13 per diluted share, compared to GAAP net loss of ($1.5) million, or ($0.01) per share, in the third quarter of fiscal 2010.
NUAN is a leading provider of voice and language solutions for businesses and consumers around the world. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with devices and systems.
More about NUAN at www.nuance.com.
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MG, Mistras Group, Inc.
** In its in fiscal 2011, MG posted revenue of $338.6 million, a 24% increase over its fiscal 2010.
MG`s outlook is for continued double digit growth in revenue and Adjusted EDITDA*. MG projects its fiscal 2012 revenues to be in the range of $375 million to $390 million and Adjusted EBITDA* to be in the range of $59 million to $64 million.
MG offers one of the broadest “one source” services and technology-enabled asset protection solution portfolios in the industry used to evaluate the structural integrity of energy, industrial and public infrastructure. Mission critical services and solutions are delivered globally and provide customers with the ability to extend the useful life of their assets, improve productivity and profitability, comply with government safety and environmental regulations and enhance risk management operational decisions.
More about MG at www.mistrasgroup.com.
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