NEW YORK, May 15, 2015 /PRNewswire/ --
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Moments ago, Analysts Review released new research updates concerning several important developing situations including Barrett Business Services Inc. (NASDAQ: BBSI), WageWorks, Inc. (NYSE: WAGE), Rush Enterprises, Inc. (NASDAQ: RUSHB), SmartPros Ltd. (NASDAQ: SPRO), and American Public Education, Inc. (NASDAQ: APEI). 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.
To access our full PDF reports on a complementary basis, please visit the links below.
Today's update concerns the following companies:
Full PDF Download Links (you may have to copy and paste the following links into your browser):
BBSI Research Report: ( http://get.analystsreview.com/pdf/?c=Barrett%20Business%20Services&d=15-May-2015&s=BBSI ),
WAGE Research Report: ( http://get.analystsreview.com/pdf/?c=WageWorks&d=15-May-2015&s=WAGE ),
RUSHB Research Report: ( http://get.analystsreview.com/pdf/?c=Rush%20Enterprises&d=15-May-2015&s=RUSHB ),
SPRO Research Report: ( http://get.analystsreview.com/pdf/?c=SmartPros&d=15-May-2015&s=SPRO ).
APEI Research Report: ( http://get.analystsreview.com/pdf/?c=American%20Public%20Education&d=15-May-2015&s=APEI ),
Analyst Update: Earnings Updates and Acquisitions
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.
Barrett Business Services, Inc. announced its Q1 FY15 financial results on April 28, 2015. Net revenues for the quarter increased 24% to $166.9 million, compared to $135.1 million in Q1 FY14. Total non-GAAP gross revenues for Q1 FY15 increased 23% to $896.9 million, compared to $727.4 million in the prior-year quarter, driven by the continued build in the Company's co-employed client count and same-store sales growth.
WageWorks reported its Q1 FY15 financial results on May 5, 2015. Total revenue for the quarter was $85.3 million, compared to $62.6 million for Q1 FY14, an increase of 36%. GAAP operating income was $9.7 million for Q1 FY15, compared to $10.9 million for the prior-year quarter.
On May 5, 2015, Rush Enterprises, Inc. announced that its subsidiaries have acquired certain assets of Yancey Truck Centers in Georgia. The acquisition includes International Truck dealerships in eight locations in central Georgia and an Idealease truck rental and leasing operation in Albany, Georgia.
On May 5, 2015, SmartPros Ltd. reported results for Q1 FY15. Net revenues for the quarter rose 1.7% to $2.71 million from $2.66 million in Q1 FY14. Cost of revenues and operating expenses for Q1 FY15 both declined 5.5% to $1.17 million and $1.86 million, respectively.
American Public Education, Inc. reported its first quarter 2015 results on May 11, 2015. Revenue for Q1 FY15 declined 3.6% to $85.4 million, compared to $88.6 million in the same period of 2014.
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