For the first nine months of 2007, Amen’s fully diluted earnings per share were $0.51, comparable to the company’s performance for the same period in 2006.
Priority Power, the company’s energy aggregation, brokering and consulting business, continued to deliver strong revenue and earnings growth. Its revenue and earnings increased 51% and 15%, respectively, in the third quarter versus the year-ago quarter, primarily due to new customer acquisition and expansion in the unit’s service offerings.
W Power, a wholly owned subsidiary of Amen, delivered revenue growth in the third quarter of 2007, increasing 62% over the same quarter in 2006. The company delivered net income of $33,998 for the third quarter of 2007, up from a loss of $78,124 in the year-ago quarter.
