BPO Management Services, Inc. (HAXS) news stock charts
BPO Management Services, Inc. (HAXS/HAXS.OB) Investment Summary:
BPO Management Services, Inc. provides business process outsourcing (BPO) services to the middle market enterprises in North America. The company?s Human Resources Outsourcing division offers BPO services to support customers? human resources administrative functions. This division?s services include a robust human resource information management system, HR Advocate, and professional services related to the installation, and ongoing administration and maintenance of the system. Its Enterprise Content Management division provides services related to data and records management of enterprises and governmental agencies. It offers imaging and data capture solutions, workflow and electronic forms solutions, document collaboration technology, eReview collaborative software products for Web-based conferencing and document sharing, and WebWorks software for project-based document and team management solutions, as well as provides process management/workflow solution for financial service providers. The company?s Information Technology Outsourcing (ITO) division offers data center outsourcing services for middle-market enterprises, including enterprise-scale mainframe/server hosting, wide-area network management, and business recovery solutions. This division supports, hosts, and manages information technology infrastructure components, networks, and applications; offers remote managed services to support other business application servers, networks, and related desktop environment; and provides hosting and managed application support services. Its Healthcare Administration, and Financial and Accounting Outsourcing division provides integrated solutions and services for health benefit administrators and health insurance claim processors. The company was founded in 2005 and is based in Anaheim, California.BPO MANAGEMENT SERVICES INC (HAXS:OTC Bulletin Board Market)
Snapshot of BPO MANAGEMENT SERVICES INC (HAXS)
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OPEN
$0.09
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PREVIOUS CLOSE
$0.07
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DAY HIGH
$0.09
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DAY LOW
$0.07
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52 WEEK HIGH
09/21/09 - $0.40
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52 WEEK LOW
05/29/09 - $0.03
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MARKET CAP
1.1M
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AVERAGE VOLUME 10 D
1.7K
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EPS TTM
$-0.69
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SHARES OUTSTANDING
15.1M
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HAXS Does Not Pay Dividends
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P/E TTM
--
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Key developments for BPO MANAGEMENT SERVICES INC (HAXS)
BPO Management Services Inc. announced unaudited consolidated financial results for the third quarter and nine months ended September 30, 2009. For the quarter, the company's total revenues were $6,097,932 against $3,743,312 a year ago. Loss from operations was $3,882,232 against $1,066,717 a year ago. Loss before income taxes was $4,011,830 against $1,106,818 a year ago. Loss from continuing operations was $4,011,830 or $0.27 per basic and diluted share against $1,126,318 or $0.09 per basic and diluted share a year ago. Net loss was $4,215,684 or $0.28 per basic and diluted share against $1,862,406 or $0.15 per basic and diluted share a year ago. For the nine months, the company's total revenues were $19,572,447 against $11,166,690 a year ago. The change was also primarily due to the addition of the Healthcare business segment offset by decreases in the company's base business from professional services declines combined with a net drop in data center revenues as revenues from new customers have not yet exceeded declines from legacy customers. Loss from operations was $7,367,447 against $2,767,603 a year ago. Loss before income taxes was $7,772,235 against $2,902,485 a year ago. Loss from continuing operations was $7,787,835 or $0.51 per basic and diluted share against $2,966,437 or $0.24 per basic and diluted share a year ago. Net loss was $10,730,010 or $0.70 per basic and diluted share against $4,565,811 or $0.37 per basic and diluted share a year ago.
BPO Management Services Inc. announced consolidated financial results for the second quarter and six months ended June 30, 2009. For the quarter, the company's revenue increased 68% to $6.6 million from $3.9 million in the same quarter last year. The loss from operations for the quarter was $2.2 million, compared to $425,000 in the prior-year second quarter. The second quarter operating loss includes non-cash expenses, including depreciation and amortization of $1.0 million and the bad debt and restructuring charges. The net loss for the quarter was $5.0 million or $0.33 loss per basic and diluted share, which includes a loss from discontinued operations of $2.7 million, compared to a net loss of $931,000 or $0.08 loss per basic and diluted share in the second quarter last year. Loss before income taxes for the quarter was $2.35 million against $0.5 million for the same quarter last year. Loss from continuing operations for the quarter was $2.4 million against $0.5 million for the same quarter last year. Revenue for the six months ended June 30, 2009 increased by 82% to $13.5 million, compared to $7.4 million for the same period last year. The higher revenues in 2009 were due primarily to the addition of Healthcare segment from the Healthaxis merger. The loss from operations for the first six months of 2009 was $3.50 million, compared to $1.70 million in the prior-year period. Including the loss from discontinued operations of $2.7 million, the net loss for the six-month period was $6.50 million or $0.43 loss per basic and diluted share, compared to a net loss of $2.70 million or $0.2 loss per basic and diluted share for the last year. Loss before income taxes for the six months period was $3.76 million against $1.8 million for the same period last year. Loss from continuing operations for the six months period was $3.8 million against $1.84 million for the same period last year.
BPO Management Services Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2009. The Company increased total revenue by 41.2% to $10.3 million, inclusive of the new contribution of $3.6 million from its merger with Healthaxis, compared to $7.3 million for the first quarter last year, a period which included no contribution from Healthaxis. For the quarter, the company reported loss from operations of $1,304,759, net loss before income tax expense of $1,467,471, net loss of $1,475,271, or $0.10 per basic and diluted share, compared to loss from operations of $1,655,807, net loss before income tax expense of $1,727,620, net loss of $1,727,620, or $0.14 per basic and diluted share for the same period a year ago.
BPO Management Services, Inc. financial resources
HAXS Competitors
| Company | Last | Change |
| Accenture PLC | $42.00 USD | -0.50 |
| International Business Machines Corp | $128.67 USD | +0.84 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | HAXS | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.0x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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HAXS |
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HAXS transactions
| Type Date |
Target |
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Merger/Acquisition
January 29, 2010 |
Healthaxis, Ltd. |
More Recent Financial News About BPO Management Services, Inc.
BPO MANAGEMENT SERVICES, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisiti
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BPO Management Services Announces Financial Results for Third Quarter 2009
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BPO MANAGEMENT SERVICES, INC. Files SEC form 8-K, Changes in Registrant's Certifying Accountant, Change in Directors
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BPO MANAGEMENT SERVICES, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and
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BPO MANAGEMENT SERVICES, INC. Files SEC form 10-Q, Quarterly Report
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BPO MANAGEMENT SERVICES, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisiti
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BPO MANAGEMENT SERVICES, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements
Read article
BPO MANAGEMENT SERVICES, INC. Files SEC form 10-Q, Quarterly Report
Read article
BPO Management Services Announces Financial Results for Third Quarter 2009
Read article
BPO MANAGEMENT SERVICES, INC. Files SEC form 10-Q, Quarterly Report
Read article
BPO MANAGEMENT SERVICES, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements
Read article
BPO MANAGEMENT SERVICES, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements
Read article