NWMT, NewMarket Technology Inc, NWMT.PK
DrStockPick Week�s Hot Stock Alert!
DrStockPick Week�s Hot Stock Alert!
Saturday August 22, 2009
DrStockPick Week�s Hot Stock Alert! is for:
NWMT, NewMarket Technology Inc, NWMT.PK
NWMT has combined a traditional systems integration and support services capacity with a specialized asset-based approach to assisting its clients with the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations.
NWMT provides certified integration and maintenance services to support the prevailing industry standard solutions. Concurrently, NewMarket continuously seeks to acquire undiscovered emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions.
To consider about NWMT
- August 6, 2009: NWMT�s subsidiary RKM Signs $1.2 Million Microsoft Licensing Contract With Banco Federal
- August 7, 2009: NWMT announced the launch of a $30 million service contract in China.
- August 12, 2009: NWMT�s subsidiary RKM Signs $500k Microsoft Licensing Contract With Papeles Venezolanos
- August 13, 2009: NWMT has been named a finalist for the Metroplex Technology Business Council�s (MTBC) Tech Titan Fast Tech award for the fastest growing technology companies in the Dallas-Fort Worth (DFW) area as compiled by Deloitte. The Tech Titan Fast Tech recognizes the fastest-growing technology companies in the DFW area, based on percentage revenue growth over five years (2004 to 2008) as well as percentage revenue growth over one year (2007-2008).
- August 20, 2009: NWMT Announced 43% Net Income Increase in Q2?09 Compared to Q2?08 and $43 Million in Profitable Revenue Through First Six Months of 2009
The approximate $1.2 million in second quarter net income beat management�s expectations and puts the Company ahead of pace for its yearend profit objectives. The Company also realized a revenue increase in the second quarter of 2009 of approximately 8% to $24.5 million compared to the same three-month period last year. The revenue through the first six months of the year is approximately $43 million with a net income of over $700,000. The substantial net income growth can be attributed to the favorable bottom line performance of the Company�s maturing Chinese operation.
- Yesterday, NWMT released an on-demand Webcast reviewing the Company�s second quarter financial results. The Webcast also includes a discussion on results for the first six months, offshore sales initiatives and the suggested $1.00 to $2.50 fair value target price per share.
A link to the Webcast titled �NewMarket 2nd Quarter Review Webcast (August 21, 2009)� is now available on the Home page and the Investor Relations page of the NewMarket website www.newmarkettechnology.com. For assistance accessing or listening to the Webcast, please email ir@newmarkettechnology.com or call 214-722-3065.
More about NWMT at www.newmarkettechnology.com
Add NWMT to your Week’s Watch List!, do your homework, and like always BE READY for the ACTION!
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