Pareto Corp. announced that its board of directors has declared a dividend of $0.015 per issued and outstanding common share. The dividend will be payable on October 15, 2009, to shareholders of record at the close of business on September 30, 2009.

Pareto Corp. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported revenue of $17.0 million compared to $20.9 million in second quarter of 2008. EBITDA was $2.1 million, an increase of 7% from $2.0 million a year earlier. Net earnings were $1,073,962, up 12% from $961,618 in the second quarter of 2008. Diluted earnings per share were $0.02, consistent with $0.02 a year earlier. Revenue was $17.0 million, a decrease of $3.8 million from revenues of $20.9 million in the second quarter of 2008. The company generated $957,550 of cash from operations in compared to $816,583 a year earlier. Earnings before income taxes was $1,667,376 against $1,424,522 in 2008. The company spent on capital assets additions of $208,320 against $431,812 in 2008 For the six months, the company reported revenue of $33.2 million compared to $37.3 million in the first half of 2008. EBITDA of $3.5 million, representing 10.7% of revenue, compared to $3.2 million or 8.5% of revenue in the comparable period a year earlier. Net earnings of $1.7 million compared to $1.4 million in the first half of 2008. Diluted earnings per share of $0.04 compared to $0.03 last year. Earnings before income taxes was $2,656,606 against $2,077,097 in 2008. The company generated $1,434,982 of cash from operations in compared to $1,047,778 a year earlier. The company spent on capital assets additions of $267,841 against $484,271 in 2008. As a result, the company expects total revenues in the third quarter to show a moderate increase compared to third quarter of 2008. Furthermore, given its ongoing success in achieving cost reductions and improved operating efficiencies, and in maintaining margins in areas where revenue has declined, the company expects third quarter EBITDA to be significantly higher than in third quarter of 2008, with EBITDA margins at least as high as the 12.5% recorded in second quarter of 2009.

Pareto Corp. announced that its Board of Directors has declared a dividend of $0.015 per issued and outstanding common share. The dividend will be payable on July 15, 2009, to shareholders of record at the close of business on June 30, 2009.