Yesterday after the closing bell, Beacon Enterprise Solutions Group, Inc. announced it will be hosting a conference call to discuss its fourth quarter and fiscal year-end financial results on Tuesday, December 13, 2011, at 10:00am EST. It is anticipated that the company will issue its financial results for the fourth quarter and fiscal year-end on Monday, December 12, 2011, after market close.
Beacon said it expects to report that fiscal 2011 net sales will increase by more than 30% over fiscal 2010 net sales, which were $14 million. Gross profit margin for the fourth quarter is anticipated to range between 35% – 40%, which is in line with the company’s expectations. SG & A expenses are expected to reflect continued significant reductions in comparison with fiscal 2010.
Participants on the call will include Bruce Widener, Chairman and CEO; Jerry Bowman, President and COO; Victor Agruso, Chief Administrative Officer and S. Scott Fitzpatrick, Vice President Corporate Controller and Treasurer.
Those who wish to join the teleconference should call 888-495-3916 and enter conference ID # 20119461 15 minutes prior to the beginning of the call. Participants outside of the U.S. and Canada can dial in by calling 706-634-7530 and entering the same conference ID.
Beacon will also simultaneously webcast the call on its website under the “Investor Relations” tab. A digital recording of the conference call will be available for replay two hours after the end of the call’s completion until 11:59 p.m. EST on Thursday, December 15, 2011 by calling 404-537-3406 and entering conference ID # 20119461.
For additional information, visit the company’s website at www.AskBeacon.com
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