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this is ridiculous..ive never seen a stock rise so consistently over an extended period.. what is behind this run??? got in @ .6...nearly doubled. get in b4 time runs out.
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Do your DD and read past newsbreaks. Great product and revenues. Watch this thing will go for a while.
Posts: 50 | From: michigan | Registered: Jan 2005
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This company stood to all its promises so far. Very good products. It will make it big. With 30 cents 2005 earnings it will trade at 5-7 dollar soon!!! NowAuto Announces Record Results for Quarter Ending March 31, 2005 and Provides Guidance Tuesday April 19, 9:05 am ET - Revenue Increased 119% from Prior Quarter; Company Expects over $.30 EPS for 2005
SCOTTSDALE, Ariz., April 19 /PRNewswire-FirstCall/ -- NowAuto, Inc. (OTC: NWAU - News), a leader in used auto sales, sub-prime auto financing, and GPS solutions, reported revenue of $2.5 million for the three-month period ending March 31, 2005. First quarter revenue was up from $1.15 million to $2.5 million; up 119%. The operating income was up 112% from $410 thousand to $866 thousand, or $.05 per common share. Fully-taxed net income was up 112% from $256 thousand to $541 thousand, or $.03 per common share. The increase was the result of growth in all three segments of the business, auto sales, sub-prime finance and Navicom GPS.
NowAuto also expects to earn between $.06 and $.07 for the second quarter and over $.30 for 2005. The second quarter will include revenue and earnings from newly acquired Sunburst Car Company.
Posts: 64 | From: Toronto,Ontario,Canada | Registered: Jun 2003
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