November 20, 1990
H&H Oil Tool Co. of Santa Paula, which leases oil drilling and production equipment to oil companies, reported a profit in the latest quarter compared to a loss a year earlier. For the third quarter that ended Sept. 30, H&H reported net income of $429,000, in contrast to a loss of $17,000 a year earlier. Revenues rose 26% to $6.29 million from $4.99 million. In the nine months that ended Sept. 30, the company earned $831,000, while revenues increased 34% to $17.1 million.
August 20, 1991
H&H Oil Tool Co. Inc., a Santa Paula company that rents oil drilling and production equipment, reported that its earnings plunged to $13,000 in the second quarter that ended June 30 as domestic oil field activity declined. A year earlier, H&H earned $394,000. The lower earnings came despite an 8% gain in the company's revenue, to $6.13 million from $5.68 million. In the six months that ended June 30, H&H's profit slipped 1%, to $398,000 from $402,000 in the same period a year before.
January 4, 2011 |
When it comes to Los Angeles tourism, the Land Down Under is showing up on top these days. Australia became the No. 1 feeder market for overseas tourists to Los Angeles in 2010, surpassing Britain and Japan, according to statistics released Tuesday by LA Inc., the Los Angeles Convention and Visitors Bureau. The Aussies were part of a larger rebound of L.A.'s tourist industry. Last year saw the number of visitors and level of tourism spending return to pre-recession levels after a significant dip in 2009.
November 16, 1993
H & H Oil Tool Co. Inc., a Santa Paula company that rents oil and drilling production equipment, said its profit rose sharply in the third quarter, to $516,000 from $33,000 a year earlier. The company said revenue in the quarter ended Sept. 30 increased 13% to $5.77 million, from $5.12 million in the same period last year. Henry Rushing, president and chief executive officer, said stable natural gas prices have resulted in increased drilling, production and work-over activity.
June 22, 1995 |
H&R Block 4th-Quarter Profits Dip 47%: For the three months ended April 30, H&R Block Inc. earned $103.3 million, or 98 cents per share, compared to earnings of $194.3 million, or $1.81 per share, for that quarter a year ago. Revenue for the quarter was $774 million, close to the $774.7 million figure for the quarter last year. The Kansas City, Mo.-based company attributed the earnings fall to its $101.9-million acquisition of Spry Inc., a leading Internet software company, in April.
August 18, 1992
H & H Oil Tool Co., citing the continued decline in domestic oil field activity, reported a loss of $474,000 for the second quarter ended June 30, compared with a net income of $13,000 a year earlier. The Santa Paula-based company, which rents equipment to the energy industry, said revenue fell 28% during the quarter, to $4.4 million from $6.1 million a year earlier. For the six months ended June 30, H & H posted a loss of $965,000 on revenue of $9.4 million.