3pea international inc (TPNL) Key Developments
3Pea International, Inc Reports Unaudited Consolidated Earnings Results for the Third Quarter Ended September 30, 2014; Provides Earnings Guidance for the Year 2014
Nov 13 14
3Pea International Inc. reported unaudited consolidated earnings results for the third quarter ended September 30, 2014. Total revenues in the third quarter of 2014 increased 61% to $1.7 million, compared to $1.1 million in the same year-ago quarter. The increase was primarily due to new corporate incentive card programs, as well as growth in already established programs. Net income was $31,000, or $0.00 per share, compared to a net loss of $93,000, or $0.00 per diluted share in the year-ago quarter. Income from operations was $47,252 against loss from operations of $77,669 a year ago. Income before provision for income taxes and non-controlling interest was $30,921 against loss before provision for income taxes and non-controlling interest of $92,657 a year ago.
The company's guidance for fiscal 2014 remains unchanged with expected revenues of $9.25 million to $9.75 million, which represents an increase of 47% to 55% over fiscal 2013. The company also expects record net income in fiscal 2014.
B Positive National Blood Services Selects 3PEA International's PaySign as its Exclusive Donor Payment Solution
Oct 28 14
3PEA International Inc. announced that B Positive National Blood Services has selected 3PEA International to provide its comprehensive PaySign(R) prepaid solution as its exclusive plasma donor payment solution.
Leonard (Lenny) Goodman Joins 3PEA International, Inc.'s Advisory Board
Oct 22 14
3PEA International Inc. announced that Leonard (Lenny) Goodman has joined 3PEA's Advisory Board. In this capacity, Mr. Goodman will offer advice and direction that will result in the development and integration of innovative features and functions to 3PEA's payment solutions in order to meet the ever-changing demands of the plasma industry. Mr. Goodman is currently the director of Information Technologies for the Interstate Companies. Prior to his current position at Interstate, Goodman served as an Information Systems Director at Baptist Memorial Health Care Corporation in Memphis from 1996 thru 2008.
3PEA International, Inc. and Haemonetics Corporation Partner to Integrate PaySign Connect with Haemonetics' Donor Management System
Oct 21 14
3PEA International Inc. announced that 3PEA and Haemonetics Corporation have entered into an agreement whereby 3PEA International will integrate its PaySign Connect prepaid debit card solution with Haemonetics' Donor Management System. The integration will allow users of the Haemonetics DMS to use the PaySign Connect payment solution for the plasma industry. This partnership will bring together the best of both worlds, the industry leading Haemonetics Donor Management System and 3PEA's PaySign Connect, an intuitive, easy-to-use, fully tokenized payment system tailored to the unique requirements of the plasma collection industry.
3PEA International, Inc. Provides Earnings Guidance for the Year 2014
Oct 9 14
3PEA International Inc. provided earnings guidance for the year 2014. For the year, the company expected revenue of $9.25 million to $9.75 million as compared with revenue of $6.3 million in 2013, an annual increase of 47% to 55%. The company also expected net income to surpass record levels. The forecasted revenue and net income are driven by growth in corporate incentive programs launched in previous quarters, the launch of co-pay assistance prepaid card programs for new and existing customers, growth in the card fulfillment business and the launch of several PaySign prepaid card solutions for new customers.