Key Developments For Ambassadors Group Inc
Ambassadors Group Inc (EPAX.O) (Nasdaq)
Ambassadors Group, Inc. Declares Quarterly Dividend
Ambassadors Group, Inc. announced that its Board of Directors declared a quarterly dividend of $0.06 per share, which will be paid on December 9, 2009, to all common shareholders of record on November 25, 2009.
Ambassadors Group, Inc. Announces CFO Resignation
Ambassadors Group, Inc. announced that Chief Financial Officer (CFO) Chadwick Byrd has resigned, effective as of November 1, 2009, for personal reasons to pursue other opportunities. Kristi Gravelle, currently Controller, will serve as the Company's interim CFO.
Ambassadors Group, Inc. Issues FY 2009 EPS Outlook Above Analysts' Estimates-Conference Call
Ambassadors Group, Inc. announced that for fiscal 2009, it expects diluted earnings per share (EPS) to be between $1.05-$1.09. According to Reuters Estimates, analysts were expecting the Company to report EPS of $1.00 for the same period.
Ambassadors Group, Inc. Reports Results For Q3 2009
Ambassadors Group, Inc. announced $1.37 fully diluted per share earnings for the nine months ended September 30, 2009, an 8% improvement over $1.27 fully diluted per share earnings for the same period one year ago. Despite travelling 17% fewer delegates, operating income for the first nine months of the year increased 14% as the Company actively managed its program price and travel cost structures. Net income for the nine months ended September 30, 2009 was $26.4 million, compared to $25.0 million for the same period in 2008. Comparing the third quarters ended September 30, 2009 and 2008, fully diluted per share earnings decreased 6%to $0.64 in 2009 from $0.68 in 2008, and net income decreased 6% to $12.5 million in 2009 from $13.3 million in 2008. The third quarter 2009 results are down due to traveling 27% fewer delegates in the quarter.
Ambassadors Group, Inc. Declares Quarterly Dividend
Ambassadors Group, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.06 per share, which will be paid on September 10, 2009 to all common shareholders of record on August 27, 2009.
