Small Cap News Movers for 8/7/09

Pinnacle Airlines Corp. (NASDAQ: PNCL) today reported second quarter 2009 net income of $6.0 million and fully diluted earnings per share of $0.33. Excluding certain nonrecurring items more fully described below, the company achieved net income and EPS of $7.3 million and $0.41, respectively, in the second quarter of 2009. This represents increases of 107% and 105%, respectively, over net income of $3.5 million and EPS of $0.20 in the second quarter of 2008, excluding nonrecurring items. The stock closed at $5.15, up 32.39%, on 466,019 traded shares.

Crocs, Inc. (NASDAQ: CROX) yesterday after the closing bell reported its financial results for the second quarter ended June 30, 2009. Revenue for the quarter exceeded the company’s previous guidance, totaling $197.7 million. Revenue in the comparable quarter of 2008 was $222.8 million. On a non-GAAP basis, the Company’s Q2 2009 net loss after taxes was $5.0 million, or a loss of $0.06 per diluted share, which is better than the range the Company previously provided. The stock closed at $5.49, up 28.57%, on 21,760,425 traded shares.

YRC Worldwide, Inc. (NASDAQ: YRCW) announced today a major step forward in the company's comprehensive plan, with a majority of its employees represented by the International Brotherhood of Teamsters voting '"yes" to ratify a modified labor agreement. President and CEO Bill Zollars stated, “With the support of our employee-owners and other stakeholders, we continue making progress with our comprehensive recovery plan.” The stock closed at $2.26, up 25.56%, on 22,634,066 traded shares.

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