Last $0.96 USD
Change Today -0.09 / -8.57%
Volume 55.1K
EVRC On Other Exchanges
As of 8:10 PM 09/15/14 All times are local (Market data is delayed by at least 15 minutes).

evercel inc (EVRC) Key Developments

Evercel, Inc. to Report Fiscal Year 2013 Results on Jan 10, 2014

Evercel, Inc. announced that they will report fiscal year 2013 results After-Market on Jan 10, 2014

Evercel, Inc. Announces Unaudited Consolidated Financial Results for the Nine Months Ended September 30, 2012

Evercel, Inc. announced unaudited consolidated financial results for the nine months ended September 30, 2012. Consolidated net sales were $5,747,300 compared to $5,335,500 last year. Operating loss for the period was $408,000 this year versus a loss of $74,500 last year primarily due to increased acquisition related expenses and decreased profitability at New England Crab Co. Net income before discontinued operations was $2,421,200 this year and $4,963,100 last year largely as the result of $3,077,900 and $5,130,100 gains respectively on the sale of Zipcar stock. Net income for the nine months ended September 30, 2012 including the loss of $136,500 from the discontinued operations of Stretch and Cover was $2,284,700. Stretch & Cover, Inc. was sold in August, 2012. During the nine months ended September 30, 2012, Evercel had Other Comprehensive Loss of $4,791,500 which represents a decrease in the market value of unsold shares of Zipcar, Inc. since December 31, 2011. Net income was $2,284,699 against $4,963,087 for the same period of last year.


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