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(ITI, LIME, CVCO) PennyOmega.com Watch List for Friday Feb. 03, 2012

February 02 Feb 2012 | 15:31
 

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http://pennyomega.com/img/iti.jpg ITI, Iteris, Inc.

** ITI reported financial results its third quarter fiscal 2012, posting net sales and contract revenues of $14.9 million, a 24% increase year over year, and net income totaled $0.7 million or $0.02 per share compared to a loss of $7.0 million or $(0.20) per share in the same period the prior year.

ITI is a leader in traffic management focused on the development and application of advanced technologies that reduce traffic congestion, minimize the environmental impact of traffic congestion, and improve the safety of surface transportation systems infrastructure.

More about ITI at www.iteris.com.

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http://pennyomega.com/img/lime.jpg LIME, Lime Energy Co.

** LIME reported the award of a contract by NSTAR Electric & Gas for the implementation of their Energy Efficiency Direct Install Program.

NSTAR, the largest Massachusetts-based, investor-owned gas and electric utility, has been a leader in providing customer focused energy efficiency programs for the last two decades in Massachusetts, a state which recently overtook California as the #1 energy efficiency state.

LIME will be one of several program providers, with territory exclusivity in Newton, Dedham, Needham and Westwood.

The Program will provide comprehensive electric and gas energy efficiency upgrades to small and mid-size businesses as they work to help NSTAR meet their energy efficiency goals.

LIME delivered more than 100,000 megawatt hours in similar programs in 2011.

LIME is building a clean energy future. As one of the nation’s leading providers of clean energy solutions, LIME brings over 25 years of delivering economically viable efficiency and renewable energy solutions that benefit communities and protect the environment.

More about LIME at www.lime-energy.com

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http://pennyomega.com/img/cvco.jpg CVCO, Cavco Industries, Inc.

** On its third quarter fiscal 2012, CVCO posted net sales of $114,564,000, up 189% from $39,612,000 for the same period the prior year, and net income of $2,980,000, compared to $290,000 reported in the same quarter one year ago.

For the first nine months of fiscal 2012, CVCO’s net sales increased 158% to $343,553,000 from $133,005,000 for the comparable prior year period, and net income was $26,840,000 compared to $2,339,000 for the prior year period.

CVCO designs and produces factory-built housing products primarily distributed through a network of independent and company-owned retailers.

More about CVCO at www.cavco.com

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