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Earnings roundup: Dress Barn, Sourcefire

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February 27, 2008

Among the earnings stories for Wednesday, Feb. 27, from AP Financial News:

SUFFERN, N.Y. (AP) -- Apparel retailer Dress Barn Inc. on Wednesday said fiscal second-quarter net income fell by more than half, as it marked down apparel as sales at its Dressbarn chain fell, but profit beat analyst expectations.

COLUMBIA, Md. (AP) -- Sourcefire Inc., which makes network security products and information management systems, said Wednesday its fourth-quarter profit dropped 59 percent due to hefty charges and expenses.

NEW YORK (AP) -- Dry bulk shipper Eagle Bulk Shipping Inc. said its fourth-quarter profit more than tripled on lower compensation charges and increased revenue from its larger fleet.

BEDFORD, Mass. (AP) -- SoundBite Communications Inc., which provides on-demand automated voice messaging solutions to organizations, said Wednesday its fourth-quarter profit surged on a one-time gain and revenue growth.

SAN CARLOS, Calif. (AP) -- Biotechnology company Nuvelo Inc. said Wednesday its fourth-quarter loss narrowed substantially as operating expenses plunged.

FAIRFAX, Va. (AP) -- ManTech International Corp. said Wednesday its profit rose in the fourth quarter on higher revenue from acquisitions and U.S. defense initiatives.

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