Pervasive Software Inc. (PVSW) recently reported revenues of $12.2 million in the fiscal first quarter, up 3% from the year-ago quarter and 9.9% sequentially.   Pervasive closed one relatively large transaction with a database customer representing approximately $2.4 million in revenues during the September quarter. Data integration business continues to perform well. The company recently announced that its upgraded software products are compatible with Windows 7.   Net income dipped to $1.6 million compared to $1.8 million in the year-ago quarter. Earnings per share came in at 8 cents beating the Zacks Consensus Estimate by a penny.   The results came in line with the management’s revised guidance provided on Oct 1. The company generated $1.2 million of cash from operations in the quarter. Pervasive used approximately $2.6 million of cash in the September quarter to acquire assets of Greenville, South Carolina-based ChanneLinx, Inc., a privately held business-to-business

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Pervasive Software Inc. (PVSW) has recently upgraded guidance for the first quarter, ended Sep 30, 2009. The company expects to report revenues between $11.9 million and $12.2 million compared to the previous estimate of $10.5 million to $11.5 million. EPS is estimated between 7 cents and 8 cents, up from the earlier forecast of 4 cents to 7 cents.  Management added that it has signed a relatively large transaction in the database segment with a customer representing approximately $2.4 million in revenues.  Pervasive invested approximately $2.6 million in cash in the September quarter to acquire assets of Greenville, ChanneLinx Inc., a privately held business-to-business Web-based data interchange technology company based in South Carolina.  For the December quarter, Pervasive expects revenues between $11.0 million and $12.0 million. EPS is estimated between 5 cents and 8 cents. Achieving and maintaining consistent profitability in trying times has been ...

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My Picks for Friday September 18, 2009, are:

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UFI, Unifi Inc.

UFI is a diversified producer and processor of multi-filament polyester and nylon textured yarns and related raw materials. UFI adds value to the supply chain and enhances consumer demand for its products through the development and introduction of branded yarns that provide unique performance, comfort and aesthetic advantages. Key Unifi brands include, but are not limited to: AIO® - all-in-one performance yarns, SORBTEK®, A.M.Y.®, MYNX® UV, REPREVE®, REFLEXX®, MICROVISTA® and SATURA®. UFI’s yarns and brands are readily found in home furnishings, apparel, legwear,

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Mid-America Apartment Communities Inc. (MAA), a self-administered and self-managed real estate investment trust (REIT), recently announced the retirement of its CFO Simon Wadsworth as part of the long-term succession-planning program.

The company’s Executive Vice President, Treasurer and Director of Financial Planning Albert Campbell will replace Simon Wadsworth. Campbell joined Mid-America Apartment in 1998 as Vice President of Financial Planning and was later promoted to Senior Vice President and Treasurer of the company in 2003.

Mid-America Apartment owns and manages apartments in the Sunbelt region of the U.S. The company defines its portfolio in two tiers– primary markets and secondary markets. Having a diversified presence in diverse markets helps mitigate risk and decreases volatility in the event of a slowdown in any one product type.

Primary markets are relatively larger in size compared to secondary markets. On the other hand, secondary markets often have stable fundamentals due to limited

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AT&T Inc. (T) has announced the expansion of its U-verse offering with the launch of services in Greenville and Asheville, South Carolina. Residents of these locations will have an alternative option for cable TV starting from August 10, 2009, and will have access to the premium contents and features offered by the company’s U-verse bundled services. AT&T continues to enjoy encouraging market penetration of its U-verse services that bundles U-verse TV, U-verse high-speed Internet and U-verse Voice offerings. In order to drive customer adoption of its U-verse TV (an Internet protocol based TV service), the company has introduced several new features and extensions such as the total Home DVR (digital video recorder), Video-on-Demand and extensive High Definition (HD) channels. To expand its video service offerings, AT&T is also offering a co-branded satellite TV service in collaboration with Direct TV. U-verse video subscriber base reached 1.6 million ...

Pervasive Software Inc. (PVSW) recently reported revenues of $11.1 million for the fourth quarter of fiscal 2009, down 1% year over year but in line with management's guidance. GAAP EPS came in at $0.06. Non-GAAP EPS came in at $0.07, a penny better than the consensus estimate.

Database products generated two-thirds of total revenue while integration products accounted for the rest. Management stated that the Version 10 of Pervasive PSQLT database continues to be well received by its installed base of customers.

The company provides data management and integration software products to small- and mid-sized enterprises (SMEs) through a well-developed channel of independent software vendors (ISVs), value-added resellers (VARs) and system integrators (SI). Its solutions enable customers to manage, integrate, analyze and secure their data.

For fiscal 2009, the company generated revenues of $47.2 million, up 11% from last year. GAAP EPS came in at $0.29 while non

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Debut Broadcasting Corporation, Inc. (OTCBB: DBTB) is a media and entertainment company that supports their clients throughout North America while also improving shareholder value through targeted turnaround opportunities in the southeastern United States.  Operating through their entertainment subsidiary, Impact Radio Networks, Debut sells pre-recorded radio programs and related services to more than 1,400 AM and FM stations in the U.S. and Canada.  Their audience reaches more than 45 million listeners per week making it one of the leading syndicators in the industry.   The company also provides marketing, consulting and media buying for their radio broadcast stations.  Through their media division, Debut identifies and acquires (or manages) underperforming and undervalued media properties in much of the southeastern U.S.  The company’s first five acquisitions have given Debut radio an established presence in the greater Greenville, Mississippi marketplace.   Debut has established business relationships with Boswell Media and MJI Interactive which brings

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Cowen is out positive on Energy Conversion Devices (NASDAQ:ENER) saying they expect Q4 EPS to meet or beat our 20c ENER estimate (vs. St. 16c), based on revenue and margin upside, with operating expenses (ex. restructuring) below consensus. Firm sees room for Street estimates to rise, particularly on greater operating leverage. Increased backlog should aid visibility on demand and ASP trends, boosting investor confidence. And, details on the next expansion could help illuminate out-year earnings power. They see 50% upside vs. the market in 12 months and reiterate Outperform.Higher Backlog Should Boost Investor Confidence. Concerns about ASP erosion compressing margins have been overhanging solar stocks. In mid-June, ENER had already booked 94% of F09 (48% take-or-pay) and 48% of F10, with 600MW of backlog through 2013 (up from 400MW on the Q3 call). F09 ASPs were expected to be flat to just slightly down, and another bump ...