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Covenant Transportation Group, Inc. (Nasdaq:CVTI) announced financial and operating results for the quarter ended June 30, 2011. Freight revenue of $133.6 million, a decrease of 5.5% compared with the second quarter of 2010; Operating income of $7.2 million and an operating ratio of 94.6%, compared with operating income of $10.0 million and an operating ratio of 92.9% in the second quarter of 2010; and Net income of $1.7 million, or $0.11 per share, compared with net income of $2.9 million, or $0.20 per share, in the second quarter of 2010.
Covenant Transportation Group, Inc., together with its subsidiaries, offers truckload transportation and brokerage services primarily in the continental United States. The company provides long haul, dedicated, regional solo-driver, and regional temperature-controlled services.
MedCath Corporation (Nasdaq:MDTH) will issue a press release after the market closes on August 9, 2011 to announce results from its third fiscal quarter ended June 30, 2011. MedCath has elected not to host a conference call to review its third fiscal quarter operating results.
MedCath Corporation, headquartered in Charlotte, N.C., is a healthcare provider focused on high acuity services with the diagnosis and treatment of cardiovascular disease being a primary service offering.
Gentiva Health Services, Inc. (Nasdaq:GTIV) announced that it has scheduled a conference call and webcast on Thursday, August 4, 2011, at 10:00 a.m. ET to discuss operating results for the second quarter ended June 30, 2011. Gentiva plans to issue its financial news release the morning of August 4 before pre-market trading.
Gentiva Health Services, Inc. is the nation's largest provider of home health and hospice services based on revenue, delivering innovative, high quality care to patients across the United States.
Cleantech Transit Inc (OTCPK:CLNO)
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Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project could benefit the Company's manufacturing clients worldwide.
Cleantech Transit, Inc. (OTCPK:CLNO) is pleased to announce it has met its funding requirement to secure the Company's ability to earn in 25% of the 500KW Merced Project.
The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.
For more information about CLNO, visit www.cleantechtransitinc.com
Pool Corporation (Nasdaq:POOL) reported results for the second quarter of 2011. Net sales for the quarter ended June 30, 2011 increased 9% to $706.4 million, compared to $647.5 million in the second quarter of 2010. Base business sales were up 8% including 1% growth attributed to favorable currency fluctuations. Sales growth was spurred by market share growth and increases in replacement and construction activities.
Pool Corporation operates as a wholesale distributor of swimming pool supplies, equipment, and related leisure products in North America and Europe. The company offers approximately 100,000 national brand and Pool Corporation branded products.
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