ELMG EMS Technologies, Inc. featured news, full reports, and detailed charts
EMS Technologies, Inc. (ELMG) Wrap Up:
In this report, unless the context otherwise requires, “we,” “us,” “our,” and the “Company” refer to the continuing operations of EMS Technologies, Inc. and its consolidated subsidiaries. Unless otherwise indicated, all financial and statistical information pertains solely to our continuing operations. We are a leading innovator in the design, manufacture, and marketing of wireless communications solutions addressing the enterprise mobility, communications-on-the-move and in-flight connectivity markets for both commercial and government users. We focus on the needs of the mobile information user and the increasing demand for wireless broadband communications. Our products and services enable communications across a variety of coverage areas, ranging from global to regional to within a single facility. We operate in three segments, each of which is focused on a different application of wireless communications. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f17%2f0000950144-08-002011.html#FIS_BUSINESS"EMS Technologies Inc. (ELMG:NASDAQ)
Snapshot of EMS Technologies Inc. (ELMG)
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OPEN
$13.06
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PREVIOUS CLOSE
$13.16
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DAY HIGH
$13.34
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DAY LOW
$13.06
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52 WEEK HIGH
12/19/08 - $28.53
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52 WEEK LOW
11/5/09 - $12.26
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MARKET CAP
202.2M
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AVERAGE VOLUME 3 mo
228.0K
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DILUTED EPS TTM
$0.85
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SHARES OUTSTANDING
15.3M
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ELMG Does Not Pay Dividends
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P/E TTM
15.6x
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| K = Thousands M = Millions B = Billions | ||
ELMG Top Compensated Officers
Executives, Board Directors
Key developments for EMS Technologies Inc. (ELMG)
EMS Technologies Inc. announced the release of a new ToughDisk(R) 3500 SATA (TD3500 SATA) Rugged Hard Disk. Storage capacity of the new TD3500 SATA hard disk has increased by more than 50% from 640 GB to 1 TB, compared with the previous product, and it also offers significantly improved performance, particularly under vibration conditions. The TD3500 SATA hard disk performs reliably in temperature, altitude, shock, vibration, humidity, and dust conditions that would destroy conventional hard disks. The industry standard 3.5' form factor and SATA (Serial ATA) interface allows the TD3500 SATA hard disk to be used as a drop-in COTS (commercial off-the-shelf) replacement of conventional 3.5' low-profile drives, resulting in a storage capacity greater than equivalently performing SAS (Serial Attached SCSI) disks. The TD3500 SATA hard disk can be used with high-end SAS controllers as well as with any of the ubiquitous embedded SATA ports. The units provide the performance of SAS enterprise-class disks without the heat and mechanical limitations of these 15K rpm disks. The TD3500 SATA product's internal RAID (redundant array of independent disks) doubles the medial transfer rate normally available from rugged disks. EMS Formation has established a worldwide network of ToughDisk representatives so customers worldwide have a local source for cost-effective data storage for extreme applications.
EMS Technologies Inc. announced that its Board of Directors and Paul B. Domorski have agreed that Mr. Domorski is leaving the position of President and Chief Executive Officer, which he has held since 2006. In addition, Mr. Domorski is resigning as a member of the Board of Directors. Neilson A. Mackay, who has served as Executive Vice President and Chief Operating Officer during the past year, has been elected as President and Chief Executive Officer, and also as a member of the Board of Directors. Prior to becoming Chief Operating Officer, Dr. Mackay had served as Executive Vice President--Strategy, and as Vice President--Corporate Development and President of EMS SATCOM.
EMS Technologies Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net sales of $85.7 million, operating income of $2.6 million, earnings from continuing operations before income taxes of $1.9 million, earnings from continuing operations of $6 million or $0.39 per share, net earnings of $5.3 million, adjusted EBITDA of $7.1 million, adjusted EPS of $0.38, net cash provided by operating activities of $10.6 million compared with net sales of $87.8 million, operating income of $7.2 million, earnings from continuing operations before income taxes of $7 million, earnings from continuing operations of $6.1 million or $0.39 per share, net earnings of $6.1 million, adjusted EBITDA of $11.2 million, adjusted EPS of $0.39, net cash provided by operating activities of $5.5 million over the same period last year. For the nine months, the company reported net sales of $274.9 million, operating income of $4 million, earnings from continuing operations before income taxes of $1.9 million, earnings from continuing operations of $6.2 million or $0.41 per share, net earnings of $5.5 million, adjusted EBITDA of $25.6 million, adjusted EPS of $0.85, net cash provided by operating activities of $32.6 million compared with net sales of $244.6 million, operating income of $14 million, earnings from continuing operations before income taxes of $14.9 million, earnings from continuing operations of $13.6 million or $0.87 per share, net earnings of $13.6 million, adjusted EBITDA of $25.7 million, adjusted EPS of $0.87, net cash provided by operating activities of $12.3 million over the same period last year. The company provided earnings guidance for the fiscal of 2009. The company expects full-year earnings from continuing operations on a non-GAAP reporting basis that excludes acquisition-related items, are likely to fall in a range of $0.90 to $1.05 per share.
ELMG Competitors
| Company | Last | Change |
| Com Dev International Ltd | C$3.45 CAD | +0.03 |
| Gilat Satellite Networks Ltd | $4.52 USD | -0.06 |
| Iridium Communications Inc | $8.53 USD | -0.20 |
| TeleCommunication Systems Inc | $8.53 USD | -0.02 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | ELMG | Industry Range |
| Price/Earnings | 15.4x |
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| Price/Sales | 0.5x |
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| Price/Book | 0.8x |
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| Price/Cash Flow | 16.3x |
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| TEV/Sales | 0.4x |
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ELMG |
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ELMG transactions
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| No transactions in the last 6 months. | ||
