BrightPoint stock sinks on lower earnings report
BrightPoint Inc. stock fell as much as 12 percent early Friday morning following disappointing first-quarter earnings that prompted the company to lower its 2012 financial forecast.
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Interactive Intelligence shares fall on smaller profit
Shares of Interactive Intelligence fell as much 10 percent in early trading Thursday after the Indianapolis-based software maker reported lower earnings.
Duke Realty’s quarterly results in line with expectations
Indianapolis-based Duke Realty Corp.’s financial performance in the first quarter met analyst expectations even though the company suffered a $36 million loss and saw revenue decline by $65 million.
Dow Agro sales surge on healthy ag market
Sales at Indianapolis-based Dow AgroSciences grew 14 percent in the first quarter, to $1.8 billion, helped by an early planting season in North America and a buoyant agricultural market.
Republic reports smaller loss on higher revenue
Republic Airways Holdings Inc. on Wednesday reported higher revenue and a smaller loss in the first quarter compared to the same period a year ago.
Celadon reports higher quarterly profit, revenue
Celadon Group Inc. saw higher revenue and profit in its latest fiscal quarter, the Indianapolis-based trucking firm announced Tuesday night.
Allison earnings rise on surging sales
Allison Transmission Holdings Inc. saw profits rise 57 percent, to $58 million, in the first quarter, the Indianapolis-based manufacturer announced Monday. The earnings announcement was Allison’s first since it went public in March.
Republic Air sees revenue climb, earnings fall
The Indianapolis-based company’s quarterly revenue increased 7.4 percent, to $697.8 million, primarily due to an 11-percent increase in revenue from the Frontier unit.
Soaring revenue at Angie’s List impresses analysts
Indianapolis-based Angie's List beat analysts’ revenue expectations in its first quarter as a public company, seeing results from a marketing campaign that drove up expenses.
Brightpoint shares slide after it lowers forecast on loss of customer
Shares of the wireless-device logistics provider fell more than 8 percent Wednesday morning after the company lowered its annual earnings guidance in response to the loss of a major customer.
Angie’s List expected to continue financial losses
The Indianapolis-based company should post a loss of 11 cents per share when it reports its first earnings as a public company on Wednesday afternoon. But at least one analyst is upbeat about its long-term prospects.
Allison Transmission profits tripled in 2011
Net income of $103 million last year compares with a profit of $29.6 million in 2010 and a loss of $323.9 million in 2009, according to a document the transmission maker filed Feb. 17 with the Securities and Exchange Commission as part of its planned IPO.
Calumet Specialty revenue, profit jump after acquisition
Indianapolis-based Calumet Specialty Products Partners LP said Wednesday morning that a major refinery acquisition helped company revenue and profit soar in the fourth quarter as compared to the same period in 2010.
Disappointing quarter puts WellPoint brass on hot seat
Analysts say the company has struggled to generate the consistent earnings that rivals have, in part because of mispricing of its Medicare Advantage senior coverage.
Kite reports quarterly profit, smaller annual loss
The Indianapolis-based real estate investment trust earned a profit of $3.1 million for the quarter ended Dec. 31, but lost $800,000 for the entire year.
HHGregg reports smaller profit in fiscal third quarter
The appliance and electronics retailer attributed the decline to lower-than-expected profit margins and higher spending on advertising.
Roche sales rise 4 percent in 2011
Roche Diagnostics Corp.’s North American business, which is headquartered in Indianapolis, posted a 4-percent boost in sales last year on the strength of its fluid analyzer business unit, even though its diabetes sales fell.
Dow Agro posts record fourth quarter profit
The Indianapolis-based unit of Dow Chemical Co. saw earnings grow to $142 million, a fourth-quarter record and double the $72 million reported for the 2010 period.
Cummins posts record results for quarter, 2011
Columbus-based diesel engine maker Cummins Inc. reported record results for 2011, earning $1.85 billion on revenue of $18 billion.
Republic Airways boosts expectations for 4th quarter
Indianapolis-based Republic Airways Holdings Inc. on Wednesday raised its outlook related to the performance of its Frontier Airlines service.