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Article: Cavalier Expects Revenue of Approximately $97-$100 Million for the Fourth Quarter; Company Provides Update On FEMA Shipments.
- Article from:
- Business Wire
- Article date:
- January 9, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ADDISON, Ala. -- Cavalier Homes, Inc. (Amex: CAV) today announced that it expects to report total revenue of approximately $97-$100 million for the fourth quarter of 2005 that ended December 31, which will bring full-year revenue to approximately $271-$274 million. These figures compare with $76.0 million in the fourth quarter of 2004 and $234.2 million for fiscal year 2004.
Cavalier continues to anticipate profitable operations for the fourth quarter and full year, with net income for the quarter and year comparing favorably to net income of $4.7 million ($0.25 per diluted share) in the fourth quarter of 2004 and $3.2 million ($0.18 per diluted share) for fiscal ...