Glacier Water Services Inc. announced unaudited consolidated earning for the third quarter and nine months ended September 27, 2009. For the quarter, the company revenues increased 9.1% to $29,780,000 compared to $27,285,000 for the same quarter a year ago. Revenue growth was driven by an increase in machines deployed and sales per machine. Income from operations was $4,236,000 compared to $2,827,000 a year ago. Net income was $2,190,000 compared to net income of $686,000 for the same quarter last year. Income from operations in the three- and nine-month periods were positively impacted by increased margin from strong revenue growth. The company's net income applicable to common was $2,190,000, or $0.78 diluted per share compared to net income of $686,000, or $0.24 diluted per share, for the same period last year. For the nine-month period ended September 27, 2009, revenues increased 8.7% to $78,246,000 compared to $71,996,000 for the same period a year ago. The increase in revenue for the third quarter and the nine-month period was the result of an increase in average sales per machine coupled with an increase in the number of machines on location (approximately 1,000 versus a year ago.). Income from operations was $7,034,000 compared to $3,794,000 for the same period last year. Income from operations for the first nine months of 2009 included non-cash compensation expense of $267,000 as compared to $241,000 for the first nine months of 2008. Income before income taxes and net income applicable to common stockholders was $843,000, or $0.30 diluted per share compared to loss before income taxes and loss of $2 676,000 or $0.99 basic and diluted per share for the same period last year.

Glacier Water Services Inc. reports unaudited consolidated earnings results for the second quarter and six months ended June 28, 2009. For the quarter, the company reported net income applicable to common stockholders of $77,000 or $0.03 per basic and diluted share, compared to a loss of $922,000 or $0.34 per basic and diluted share for the same period last year. Income from operations for the second quarter was $2,129,000 compared to $1,212,000 for the same period last year. Revenues for the second quarter increased 7.5% to $25,627,000 compared to $23,832,000 for the same quarter a year ago. Income before income taxes for the period was $77,000 compared to loss before income taxes of $922,000 for the same period last year. For the six-months, the company reported net loss applicable to common stockholders of $1,347 000, or $0.50 per basic and diluted share compared to loss of $3,362 000, or $1.25 per basic and diluted share for the same period last year. Income from operations was $2,798,000 compared to $967,000 for the same period last year. Income from operations in the three-and six-month periods were positively impacted by increased margin from strong revenue growth. Income from operations for the first six months of 2009 included non-cash compensation expense of $178,000 as compared to $160,000 for the first six months of 2008. Loss before income taxes for the period was $1,347,000 compared to $3,362,000 for the same period last year. Revenues increased 8.4% to $48 466,000 compared to $44,711,000 for the same period a year ago. The increase in revenue for the second quarter and the six-month period was primarily the result of an increase in the number of machines on location coupled with an increase in average sales per machine.

Glacier Water Services Inc. announced earnings results for the first quarter ended March 29, 2009. For the quarter, the company recorded revenues of $22,839,000, up 9.4% over the first quarter of last year. The revenue increase was driven by a combination of new location growth and increased sales productivity by machine. Income from operations for the first quarter was $669,000 compared to a loss for the first quarter last year of $245,000, primarily as a result of the increased margin from strong revenue growth and lower fuel costs. Revenues for the quarter ended March 29, 2009 increased to $22,839,000 from $20,880,000, representing a 9.4% increase versus the same period last year. The increase in revenue was primarily the result of growth in the number of locations this year compared to last year, coupled with an increase in average sales per machine. The Company's income from operations for the quarter ended March 29, 2009 was $669,000 compared to a loss from operations of $245,000 for the same period last year. The year over year improvement was driven by increased revenues coupled with reduced fuel costs. Income from operations for the first quarter included non-cash compensation expense of $89,000 as compared to $80,000 for the first quarter of 2008. The Company's net loss applicable to common stockholders for the quarter ended March 29, 2009, was $1,423,000, or $0.52 per basic and diluted share, compared to a loss of $2,440,000, or $0.91 per basic and diluted share for the same period last year.