TRCR

[poorman1]

TRCR has picked up in volume recently and has a pretty low market cap, float and excellent fundamentals (with the exception of $5MM in LT debt).  

The uptrend looks pretty steep historically.  It's now trading at a two and a half year high.

Thoughts?

[njshiva]

Breakaway gap??

Transcend Services posts $1.5M profit
Wednesday January 24, 8:09 am ET

Transcend Services Inc.'s revenue rose and it ended 2006 in the black.

The Atlanta-based medical transcription technology company (NASDAQ: TRCR - News) posted net income of $1.5 million on $32.9 million in revenue, compared with a net loss of $1.2 million on $25.8 million in revenue in 2005. Earnings were 18 cents a share, compared with a loss per share of 16 cents in 2005.
"In addition to our strong financial results, I am pleased to report that we had no customer attrition in the fourth quarter," said Larry Gerdes, president and CEO. "We are committed to continuously improving our quality, turnaround time and overall customer satisfaction, and customer attrition is certainly one of the best measures of our success in those areas."

In the fourth quarter, Transcend Services had net income of $762,000 and earnings of 10 cents a share on $9 million in revenue, compared with a net loss of $444,000 and a loss per share of 6 cents on $7.3 million in the same period of 2005.

[Tirebldr]

Earnings tomorrow 11am. Past 3 qtrs have been 26,24,51% +  . Today appears to of bounced off the 50dsma possibly forming a hammer.

Would we be amiss in buying some at the close today anticipating continuing earnings inspiring another large green candlestick?

Normally earnings are iffy to hold through I realize. Often though, a stock in motion will remain in motion until coming up against an equal and opposite reaction.

Got to be gone in the morning. What would be a safe way to play this so as to catch as much of the jump as possible should we have another great earnings release in the morning?

TIA
Art

[kslifka]

Nice Call Tire

Transcend Reports 30% Revenue Growth and Earnings Per Share of $0.15 for the First Quarter
Monday April 23, 4:15 pm ET

ATLANTA--(BUSINESS WIRE)--TRANSCEND SERVICES, INC. (Nasdaq Market: TRCR) today announced its results for the quarter ended March 31, 2007.

Revenue for the first quarter of 2007 was $10,422,000, an increase of $2,410,000, or 30%, over first quarter 2006 revenue of $8,012,000. Earnings per share was $0.15 in the first quarter of 2007 compared to $0.02 in the first quarter of 2006.

ADVERTISEMENT
The $2,410,000 increase in revenue consisted of revenue from new customers of $1,898,000, revenue contributed from the January 16, 2007 acquisition of OTP Technologies, Inc. of $341,000 and increased revenue from existing customers of $593,000, offset by a decrease in revenue of $409,000 from customers who terminated their contracts in the first half of 2006 and a decrease in other revenue of $13,000.

Jeff McKee, Senior Vice President of Sales and Marketing, stated, "We are extremely pleased with our rate of revenue growth over the last two quarters. Virtually all of the $7 million of new business sold in 2006 has now been successfully implemented. In addition, we have sold new business in 2007 which represents approximately $1.5 million in annual revenue. We expect to implement these new customers during the second quarter."

Gross profit increased $1,429,000, or 81%, to $3,184,000 in the first quarter of 2007 from $1,755,000 in the first quarter of 2006. As a percentage of revenue, gross profit increased to 31% in the first quarter of 2007 from 22% in the first quarter of 2006. The improvement is attributable to the rollout of the Company's speech recognition-enabled BeyondTXT platform, the growth of the semi-variable portion of direct costs at a slower rate than the rate of revenue growth and the use of offshore transcription resources.

Sue McGrogan, Chief Operating Officer, stated, "Improving our gross profit as a percentage of revenue to 31% is a gratifying milestone for us. I cannot thank our employees enough for all of the work that has gone into the rollout of our speech recognition-enabled BeyondTXT platform. Roughly 22% of the Company's total volume is now edited on BeyondTXT. Our gross profit has also been positively impacted by the increase in our offshore production, which now represents 9% of total Company volume. We expect both BeyondTXT editing and offshore volume to increase steadily over the course of the year."

Other operating expenses, consisting of selling, research and development, general and administrative, and depreciation and amortization expenses, increased by $291,000, or 20%, to $1,755,000, or 17% of revenue, in the first quarter of 2007 compared to $1,464,000, or 18% of revenue, in the first quarter of 2006. The increase in other operating expenses can be attributed to the overall growth in the business, including an increase in staffing and compensation and the Company's match to our employee's 401k retirement plan contributions. The reduction in other operating expenses as a percentage of revenue can be attributed to ongoing control over operating expenses as the Company grows.

Net income for the first quarter of 2007 was $1,297,000, or $0.15 per share, compared to $150,000, or $0.02 per share, in the first quarter of 2006. Net income was 12% of revenue in the first quarter of 2007 compared to 2% of revenue in the first quarter of 2006.

Cash flow from operations for the first quarter of 2007 was $1,571,000.

As of March 31, 2007, the Company had $653,000 of cash. Accounts receivable of $4,807,000 represented 42 days of revenue outstanding. The Company had $1,696,000 of working capital and a current ratio of 1.4:1. Total debt decreased to $3,442,000 as of March 31, 2007 compared to $4,290,000 as of December 31, 2006 despite the addition of $850,000 of debt related to the January 2007 acquisition of OTP Technologies, Inc.

Lance Cornell, Chief Financial Officer, stated, "The increase in operating income to 14% of revenue in the first quarter of 2007 from 4% in the first quarter of 2006 demonstrates once again the leverage inherent in our operations when we add significant new business, increase our editing and offshore volume and control operating expenses. I am pleased with our cash flow from operations for the quarter and the resulting reduction in debt. The acquisition of OTP Technologies, Inc. contributed approximately one cent to our first quarter earnings per share. We are excited to be working with Morgan Keegan in our effort to complete larger acquisitions in the future."

Larry Gerdes, President and Chief Executive Officer, concluded, "I couldn't be more pleased with our first quarter results. It is important to point out that the key reason for our success is that we have become a far more customer-centric company over the last two years. Our ability to consistently deliver excellent service has resulted in low customer attrition and increased revenue from customer referrals. We are proud of the increased level of customer loyalty to Transcend and realize we have to continue to earn this loyalty every day. I want to thank our employees for their zealous dedication to our customers. We are committed to making Transcend the best medical transcription company to work for and to do business with in our industry."

[BigSully1]

Very nice call Tire. Wow what a nice run this has had.

[kslifka]

TRCR...had great earnings again.   Looks like it may close near the High of the Day.   ;)What a run this stock has had since last Fall.

[BigSully1]

TRCR has nearly doubled again since last update.

http://stockcharts.com/h-sc/ui?s=TRCR&p=D&b=5&g=0&id=p23555531176

[setravis]

The Monster turned into a Beast.......

Transcend Services 3Q Profit Surges

Transcend Svcs 3rd-Quarter Rises More Than Fivefold As Sales Outpace Higher Costs, Stock Soars


Transcend Services Inc., a developer of a voice-to-text medical documentation program, on Thursday said its third-quarter profit rose more than fivefold as revenue gains easily outpaced an uptick in expenses.
The company reported net income of $1.7 million, or 19 cents per share, compared with $320,000, or 4 cents per share, in the year-ago period.

Revenue jumped to $10.6 million from $8 million, boosted by increases from both existing and new customers, and contributions from the January acquisition of OTP Technologies Inc.

Total operating expenses rose to $1.8 million from $1.4 million, due to higher medical insurance costs, consulting services, and compensation and compliance expenses.

Shares of Transcend Services added $3.27, or 21 percent, to $18.70 in midday trading. The company's stock has traded between $2.18 and $25.08 in the past year.

---------------------------------------------------------------------------------------------------------

Beast!........Record Earnings Per Share of $.19...
Good revenue and earnings increase, and good revenue growth rate !
TRCR is on the acquisition trail and may be able to grab up US competitors on the cheap if they are under-funded and having credit problems. TRCR is already a big dog in the global outsourced medical transcription business and is looking to start gobbling up US business too.

Technicals
Gap Up
Percentage Gainer
Price Gainer

Last Price Quote is:
22.78%above 13-day MA
17.48%above 50-day MA
RS Rating: 89 

Fundamentals
Earnings Surprise
Reports Earnings
Earnings Expected on Oct 26

Key Data:
Market Cap (M): $123.70 
P/E Ratio: 33.21 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A