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Advance Auto Parts, Inc. (NYSE:AAP), a leading retailer of automotive aftermarket parts, accessories, batteries, and maintenance items, announced its financial results for its fourth quarter and f
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) February 24, 2012 --
Advance Auto Parts, Inc. (NYSE:AAP), a leading retailer of automotive aftermarket parts, accessories, batteries, and maintenance items, announced its financial results for its fourth quarter and fiscal year ended December 31, 2011. Fourth quarter comparable earnings per diluted share (EPS) were $0.90 which was a 57.9% increase over the fourth quarter of fiscal 2010. For fiscal 2011, EPS increased 29.4% to $5.11 on top of a 31.7% increase in EPS during fiscal 2010.
Advance Auto Parts, Inc., through its subsidiaries, operates as a retailer of automotive aftermarket parts, accessories, batteries, and maintenance items.
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Crown Equity Holdings Inc. (CRWE)
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Crown Equity Holdings Inc. (CRWE.OB) (www.crownequityholdings.com) announced that its subsidiary Crown Tele Services Inc. has entered into a letter of intent with BBN Solutions.
BBN Solutions, located in India, and Crown Tele Services Inc. (www.crownteleservices.com) shall form a 50/50 Joint Venture corporation for the purpose of granting to Crown Tele Services Inc., exclusive rights in the United States to BBN's telecommunications marketing process and services.
Commenting on the Letter of Intent, Kenneth Bosket, President of Crown Tele Services Inc., stated: "This Joint Venture will give both companies a strategic advantage within the communication market.
Crown Tele Services Inc. is a provider of affordable, world class (VoIP) communications solutions and is a subsidiary of Crown Equity Holdings Inc. For more information visit www.crownteleservices.com
Crown Equity Holdings Inc. offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Its advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. For more information visit www.crownequityholdings.com.
BBN Solutions doing business as BBN Telecom provides both wholesale and retail global communication, as well as calling cards. For more information visit www.bbntel.net
For more information, please visit their website: http://www.crownequityholdings.com
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LCA-Vision Inc. (NASDAQ:LCAV), a leading provider of laser vision correction services under the LasikPlus® brand, announced financial and operating results for the three and 12 months ended December 31, 2011. Revenues increased 27.2% to $24.5 million from $19.3 million; adjusted revenues increased 31.8% to $23.6 million from $17.9 million. Total procedure volume increased 30% to 14,205 procedures from 10,891 procedures, and increased 33% from 10,671 same-store procedures; this marks the second consecutive quarter of growth in total procedures and the fifth consecutive quarter of growth in same-store procedures. Same-store revenues increased 29.5%; adjusted same-store revenues increased 34.3%. Operating loss decreased to $1.6 million from $7.4 million; adjusted operating loss decreased to $2.5 million from $8.6 million. The improvement in operating loss and adjusted operating loss reflects higher procedure volume and revenue, the closing of under-performing vision centers and lower depreciation expense from assets that are now fully depreciated. The 2010 quarter included $3.0 million in impairment and restructuring charges.
LCA-Vision Inc. provides fixed-site laser vision correction services under the LasikPlus brand. The company offers laser vision correction procedures to correct nearsightedness, farsightedness, and astigmatism.
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Hansen Medical, Inc. (NASDAQ:HNSN), a global leader in flexible medical robotics and the developer of robotic technology for accurate 3D control of catheter movement, reported recent business highlights and financial results for the fourth quarter and full year ended December 31, 2011. Total revenue for the fourth quarter ended December 31, 2011 was $6.2 million compared to revenue of $3.5 million in the same period in 2010, an increase of 78 percent. During the fourth quarter, the Company recognized revenue on eight robotic systems as well as shipment of a record 714 catheters. Estimated procedures performed by our customers in the period with Company products were 633 worldwide. The Company shipped a total of six robotic systems four of which were recognized as revenue in the quarter. Our installed base continues to grow and, in total, 110 robotic systems from Hansen Medical have been shipped worldwide since mid-2007. As of December 31, 2011, the Company had a total deferred revenue balance of $6.4 million including shipment of six robotic systems that have not been recognized as revenue.
Hansen Medical, Inc. develops, manufactures, and markets medical robotics designed for accurate positioning, manipulation, and stable control of catheters and catheter-based technologies.
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