Perficient, Inc. (NASDAQ:PRFT) reported financial results for the quarter ended June 30, 2011. Revenues increased 18% to $65.6 million from $55.5 million for the second quarter 2010; Services revenue increased 24% to $59.2 million from $47.9 million for the second quarter 2010; Non-GAAP earnings per share results (see attached schedule, which reconciles to GAAP earnings per share) on a fully diluted basis increased to $0.21 from $0.15 for the second quarter 2010.
Perficient, Inc. provides information technology consulting services primarily in the United States, Canada, and Europe.
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United Security Bancshares (Nasdaq:UBFO) reported an unaudited consolidated net loss of $3.0 million or ($0.23) per basic and diluted common share for the three months ended June 30, 2011, as compared to net income of $515,000 or $0.04 per basic and diluted common shares for the three months ended June 30, 2010. On a year-to-date basis, the Company reported an unaudited consolidated net loss of $2.7 million or ($0.20) per basic and diluted common share, as compared to net income of $957,000 or $0.07 per basic and diluted common shares for the six months ended June 30, 2010.
United Security Bancshares operates as the bank holding for United Security Bank that provides a range of commercial banking services primarily to the business and professional community, and individuals in California.
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Trident Microsystems, Inc. (NASDAQ:TRID) announced that it has entered into a non-exclusive patent license agreement with Sunplus Technology Co., Ltd., a leading multimedia system-on-a-chip (SoC) design company for home entertainment solutions. The agreement provides Sunplus and its affiliate, Orise Technology Co. Ltd., with access to Trident's current portfolio of patents related to motion estimation and motion compensation (MEMC). MEMC technology has become a de facto standard by enabling superior picture quality when displaying high-definition and 3D video on televisions, computer monitors, tablet computers, and other video-enabled consumer electronics devices throughout the connected home.
Trident Microsystems, Inc. provides semiconductor solutions for the digital home entertainment market.
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Cleantech Transit Inc. (CLNO)
Cleantech Transit Inc. (CLNO) was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector.
Cleantech Transit Inc. (CLNO) has expanded its focus to invest directly in specific green projects that can maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net).
Biomass is the biological material produced by plants. The solar energy trapped by these plants can be converted to electricity or fuel. People have used biomass for heating and cooking for thousands of years. Currently with technology, plant materials can be used to generate electricity, heat, or liquid fuels for motor vehicles that have substantially lower environmental impacts than traditional fossil fuels.
Biomass is capable of simultaneously addressing the nation's energy, environmental, and economic needs. Increased use of biomass for energy would lead to reduced greenhouse gas emissions, an improved U.S. balance of trade, reduced dependence on foreign oil, an improved rural economy, and the creation of a major new American industry.
Cleantech Transit, Inc. (CLNO) is pleased to announce it has met its funding requirement to secure the Company's ability to earn in 25% of the 500KW Merced Project.
The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.
For more information please visit official website of CLNO: http://www.cleantechtransit.com\
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Tengion, Inc. (Nasdaq:TNGN) announced it will host a conference call and live audio webcast on Tuesday, August 9, 2011 at 5:00 p.m. EDT to provide a business update and discuss its second quarter 2011 financial results. To participate in the call, please dial 1-866-356-4441 (domestic) or 1-617-597-5396 (international) and reference access code 80227095. This conference call will also be webcast live and can be accessed from the Investors section of the Company's website at http://www.tengion.com or at http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=218965&e.... The webcast will also be archived on the website.
Tengion, Inc., a regenerative medicine company, focuses on discovering, developing, manufacturing, and commercializing a range of replacement organs and tissues, or neo-organs and neo-tissues to address unmet medical needs in urologic, renal, gastrointestinal and vascular diseases.
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