NEW YORK, May 15, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Willamette Valley Vineyards Inc. (NASDAQ: WVVI), Kandi Technologies Group, Inc. (NASDAQ: KNDI), Inter Parfums Inc. (NASDAQ: IPAR), BankFinancial Corp. (NASDAQ: BFIN), and Patriot National Bancorp Inc. (NASDAQ: PNBK). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
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Today's update concerns the following companies:
Full PDF Download Links (you may have to copy and paste the following links into your browser):
WVVI Research Report: ( http://get.analystsreview.com/pdf/?c=Willamette%20Valley%20Vineyards&d=15-May-2015&s=WVVI ),
KNDI Research Report: ( http://get.analystsreview.com/pdf/?c=Kandi%20Technologies%20Group&d=15-May-2015&s=KNDI ),
IPAR Research Report: ( http://get.analystsreview.com/pdf/?c=Inter%20Parfums%20Inc.&d=15-May-2015&s=IPAR ),
BFIN Research Report: ( http://get.analystsreview.com/pdf/?c=BankFinancial%20Corp.&d=15-May-2015&s=BFIN ),
PNBK Research Report: ( http://get.analystsreview.com/pdf/?c=Patriot%20National%20Bancorp&d=15-May-2015&s=PNBK ).
Analyst Update: Financial Results
U.S. stocks closed higher on Thursday, recovering from a sequence of slight losses over the week. The rally came despite unexpected drop in both weekly jobless claims and headline inflation figure. The NASDAQ Composite closed at 5,050.79, up 1.39%, the S&P 500 jumped 1.08%, to 2,121.10, and the Dow Jones Industrial Average ended the session 1.06% higher, at 18,252.24. European stocks surged sharply higher on Thursday after the European Central Bank's president reaffirmed its commitment to continue massive stimulus program for the Eurozone. Germany's DAX 30 advanced 1.84%, France's CAC 40 gained 1.36%, and London's FTSE 100 closed 0.34% higher on Thursday. Meanwhile, Asian markets were once again mixed on Thursday. The Shanghai Composite and Hong Kong's Hang Seng posted modest gains, while Japan's Nikkei fell on Thursday.
Willamette Valley Vineyards, a leading Oregon producer of Pinot Noir, on March 26, 2015, reported its financial results for the year 2014. Total revenue for 2014 was $15.15 million, an increase of 14.2% from previous year, primarily led by higher retail, in-state and bulk products sales. The Company generated net income of $2.16 million, or $0.45 per share, for 2014, as compared to a net income of $1.42 million, or $0.30 per share, for the prior year.
Kandi Technologies Group announced financial results for the first quarter 2015 on May 11, 2015. Total revenue for Q1 2015 was $43.8 million, up 9.0% from a year ago period. By segment, electric vehicle parts sales increased significantly by 71.3% YoY to $43.0 million for the first quarter of 2015.
On May 11, 2015, Inter Parfums, Inc. reported its financial results for the first quarter 2015. Net sales for Q1 2015 were $109.2 million, down from $121.7 million in the prior year period. At comparable foreign currency exchange rates, net sales decreased 2.8%. By region, European-based operations generated net sales of $86.7 million in Q1 2015 lower than $102.3 million in Q1 2014.
BankFinancial Corporation, on May 4, 2015 announced first quarter 2015 financial results. The Company reported net income of $2.0 million, or $0.10 per common share, for the first quarter, compared to $0.94 million, or 0.05 per common share, for the first quarter 2014.
On May 6, 2015, Patriot National Bancorp announced financial results for first quarter 2015. The Company reported net income of $0.29 million or $0.07 per diluted share for the first quarter 2015 compared to a net income of $0.32 million or $0.08 per diluted share a year ago. Total revenue for the first quarter 2015 increased by 16%, or $752,000 in Q1 2015 over the comparable period last year.
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