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Garneau Inc. third quarter results ended September 30, 2007
Garneau Inc. announces results for three and nine months ended September 30, 2007 NIKSU, AB, Nov....
About this update from Green Arrow Resources, Inc.
[{"type":"text","content":"\n\n\n\nGarneau Inc. announces results for three and nine months ended\n\n\nSeptember 30, 2007\n\n\nNIKSU, AB, Nov. 14 /CNW/ - Garneau Inc. (GAR-TSX) announced operating\nresults for three and nine months ended September 30, 2007. A summary of those\nresults are as follows;\n\n\n\n(In thousands, except Three months ended Nine months ended\n per share data, September September September September\n unaudited) 30, 2007 30, 2006 30, 2007 30, 2006\n-------------------------------------------------------------------------\nRevenue $ 3,793 $ 11,078 $ 15,810 $ 42,908\nMargin 1,095 1,658 2,741 8,045\nMargin % 28.9% 15.0% 17.3% 18.7%\nEarnings (loss) before\n income taxes (1,034) (334) (3,621) 1,515\n\nNet earnings (loss) (1,034) 53 (3,015) 910\nEarnings (loss) per\n share - basic (0.09) 0.00 (0.25) 0.08\nEarnings (loss) per\n share - diluted (0.09) 0.00 (0.25) 0.08\n\n\nThis report includes forward looking statements that are based on\nGarneau's current expectations and therefore are subject to uncertainties such\nas the level of industry drilling and coating activity, foreign exchange\nfluctuations and world wide economic conditions that may cause actual results\nto differ materially.\n\n\nAdditional information and Managements Discussion and Analysis are\navailable on SEDAR (www.sedar.com).\n\n\nCertain statements contained in this press release, including statements\nwhich may contain words such as "could", "should", "expect", "anticipate",\n"believe", "will", and similar expression and statements relating to matters\nthat are not historical facts are forward looking statements. Such forward\nlooking statements involve known and unknown risk and uncertainties which may\ncause the actual results, performances or achievements of Garneau Inc. to be\nmaterially different from any future results, performances or achievements\nexpressed or implied by such forward looking statements. Such factors include,\nbut are not limited to, fluctuations in oil and gas activity levels, political\nand economic conditions, the demand for services provided by Garneau Inc.,\nGarneau Inc.'s ability to attract and retain key personnel and other factors.\n\n\nThis analysis should be read in conjunction with the unaudited interim\nconsolidated financial statements of the Corporation for the nine month...