Scottsdale, AZ (PRWEB) December 07, 2011
QualityStocks would like to highlight Beacon Enterprise Solutions, Inc. (OTCBB: BEAC). Beacon Enterprise Solutions Group is an emerging global leader in the design, implementation and management of high performance Information Technology Systems ("ITS") infrastructure solutions. Beacon offers fully integrated, turnkey IT infrastructure solutions capable of fully servicing the largest companies in the world as they increasingly outsource to reduce costs while optimizing critical IT design and infrastructure management.
In the company’s news yesterday,
Beacon Enterprise Solutions Group 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.
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This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.