Monday, April 18, 2011

Emerald Dairy (EMDY) Reports Record 2010 Financial Results

10-K filing

Revenues Increase 24% to $55 million, Adjusted EPS of $0.30
Customer base grows to 6,500 retail sales points in 20 Provinces in China
Cash from Operations was $11.9 million
2011 Guidance Adjustments: Management expects revenue to grow approximately 27% to $70.0 million, adjusted net income to grow approximately 30% to $12.9 million

Buy on Weakness

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